1657 South Carriage LANENew 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 1657 South Carriage LANE, New Berlin, WI, 53151 earns $503/mo cash flow from $1,792/mo rent with a $940/mo payment. Total monthly income totals $1,792/mo, and annual cash flow totals $6,038/yr on $63,648 capital. ROI tracks 29.4% on current figures, and rental yield reads 11.2% at a $192,000 purchase. Equity gained on principal adds $1,239/yr, and 5% annual appreciation supports $53,046 over five years. Five-year ROI reaches 154.47% and total cumulative return in cash sums $98,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,792/mo property income instead of your personal income.
Condo
Built in 1979
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
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Listed by: John Herrera • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls ID: #1937510