170 Spring StBerlinWI54923
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
Rental property for sale in Berlin at 170 Spring St, Berlin, WI, 54923 offers $1,217/mo rent that, after a $783/mo payment, leaves $144/mo cash flow. Total monthly income is $1,217/mo, and annual cash flow is $1,722/yr on $53,007 cash. Return on cash invested measures 23.16% in year one, and rental yield stands at 9.13% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 121.01% and total cumulative return in cash reaches $64,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54923, Berlin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,662 (64.3%) |
| Renter Occupied HU | 1,088 (26.3%) |
| Vacant Housing Units | 389 ( 9.4%) |
| Median Home Value | $237,584 |
| Average Home Value | $287,987 |
Housing Distribution
Address Breakdown
Residential
3,793
Single Family
3,429
Multi-Family
364
Businesses
281
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices