13021 West Prospect DRIVENew BerlinWI53151
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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
Investment property for sale in New Berlin at 13021 West Prospect DRIVE, New Berlin, WI, 53151 offers a 7.53% rental yield on a $280,000 purchase with $1,756/mo rent. 32% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 95.04% and total cumulative return in cash at $88,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,756/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53151, New Berlin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,509 (100%) |
| Owner Occupied HU | 10,321 (71.1%) |
| Renter Occupied HU | 3,779 (26.0%) |
| Vacant Housing Units | 409 ( 2.8%) |
| Median Home Value | $398,701 |
| Average Home Value | $430,107 |
Housing Distribution
Address Breakdown
Residential
14,423
Single Family
12,526
Multi-Family
1,897
Businesses
1,291
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Listed by: Kaeley Simek • Keller Williams Realty-Milwaukee Southwest
Mls Name: WIREX MLS
Mls ID: #1933414