6993 Hearthstone COURT NORTH NorthLannonWI53046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lannon at 6993 Hearthstone COURT NORTH North, Lannon, WI, 53046 offers $4,541/mo rent that, after a $3,206/mo payment, leaves $145/mo cash flow. Total monthly income is $4,541/mo, and annual cash flow is $1,741/yr on $215,492 cash. Return on cash invested measures 20.87% in year one, and rental yield stands at 8.32% at a $654,990 entry. Equity gained on principal adds $4,227/yr while 5% annual appreciation compounds into $180,962 by year five. Five-year ROI records 108.66% and total cumulative return in cash reaches $234,152. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,541/mo property income versus a $3,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53046, Lannon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 786 (100%) |
| Owner Occupied HU | 688 (87.5%) |
| Renter Occupied HU | 73 ( 9.3%) |
| Vacant Housing Units | 25 ( 3.2%) |
| Median Home Value | $444,444 |
| Average Home Value | $449,353 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Behmke • Kaerek Homes, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1878939
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.