1647 South Carriage LANE #13New 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 1647 South Carriage LANE #13, New Berlin, WI, 53151 listed at $199,800 pairs $1,553/mo rent with a $978/mo payment. Total monthly income runs $1,553/mo. Return on cash invested measures 18.13% in year one, and rental yield registers 9.33% at a $199,800 basis. Equity gained on principal adds $1,289/yr, and annual property appreciation at 5% supports $55,201 by year five. Five-year ROI tracks 96.12% and total cumulative return in cash totals $63,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,553/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$310 monthly 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: The Roth Team* • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1923808
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved