15295 West Library LANE #306New BerlinWI53151
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
Total monthly income runs $1,212/mo, and a $1,297/mo payment. Purchase price stands at $265,000, and rental yield measures 5.49% with $1,212/mo rent. Return on cash invested shows 12.17% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 62.05% and total cumulative return in cash records $54,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,212/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 2009
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kanchana Hamilton • @properties
Mls Name: WIREX MLS
Mls ID: #1932407