17871 West Radam DRIVENew BerlinWI53146
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
Investment property for sale in New Berlin at 17871 West Radam DRIVE, New Berlin, WI, 53146 earns $674/mo cash flow from $2,956/mo rent with a $1,664/mo payment. Total monthly income totals $2,956/mo, and annual cash flow totals $8,092/yr on $112,710 capital. ROI tracks 27.09% on current figures, and rental yield reads 10.43% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 142.04% and total cumulative return in cash sums $160,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,956/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Curro • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1939606