17849 West Radam DRIVENew BerlinWI53146
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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
Rental property for sale in New Berlin at 17849 West Radam DRIVE, New Berlin, WI, 53146 generates $2,609/mo in rent, after a $1,713/mo payment. Total monthly income is $2,609/mo. Return on cash invested sits at 18.72% in year one, and rental yield is 8.95% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 98.6% and total cumulative return in cash sums $114,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,609/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$375 monthly 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
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Listed by: Peter Stefaniak • The Stefaniak Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911654
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.