14900 West Wilbur DRIVE #1206New BerlinWI53146
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
Investment property for sale in New Berlin at 14900 West Wilbur DRIVE #1206, New Berlin, WI, 53146 uses $115,992 cash to close to unlock $9,136/yr annual cash flow and $761/mo monthly cash flow. Total monthly income runs $3,110/mo, and a $1,713/mo payment keeps the spread at $761/mo. Purchase price stands at $349,900, and rental yield measures 10.67% with $3,110/mo rent. Return on cash invested shows 27.79% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 145.8% and total cumulative return in cash records $169,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,110/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53146, New Berlin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,292 (100%) |
| Owner Occupied HU | 2,813 (85.4%) |
| Renter Occupied HU | 405 (12.3%) |
| Vacant Housing Units | 74 ( 2.2%) |
| Median Home Value | $413,188 |
| Average Home Value | $512,196 |
Housing Distribution
Address Breakdown
Residential
3,071
Single Family
3,071
Multi-Family
0
Businesses
148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Venable • Baird & Warner
Mls Name: WIREX MLS
Mls ID: #1934744