1010 Smith StNew LondonWI54961
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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
Total monthly income runs $1,380/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 7.89% with $1,380/mo rent. Return on cash invested shows 19.4% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 100.83% and total cumulative return in cash records $70,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54961, New London, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,459 (100%) |
| Owner Occupied HU | 4,442 (68.8%) |
| Renter Occupied HU | 1,503 (23.3%) |
| Vacant Housing Units | 514 ( 8.0%) |
| Median Home Value | $271,726 |
| Average Home Value | $307,559 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
5,719
Multi-Family
456
Businesses
364
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Listed by: Judy Schroeder • Lamers Realty, Inc.
Mls Name: RANW
Mls ID: #50317172