2143 Abbey RdNew LondonWI54961
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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 London at 2143 Abbey Rd, New London, WI, 54961 offers $2,531/mo rent that, after a $1,370/mo payment, leaves $653/mo cash flow. Total monthly income is $2,531/mo, and annual cash flow is $7,830/yr on $92,787 cash. Return on cash invested measures 28.35% in year one, and rental yield stands at 10.85% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 148.79% and total cumulative return in cash reaches $138,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,531/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54961, New London, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,459 (100%) |
| Owner Occupied HU | 4,442 (68.8%) |
| Renter Occupied HU | 1,503 (23.3%) |
| Vacant Housing Units | 514 ( 8.0%) |
| Median Home Value | $271,726 |
| Average Home Value | $307,559 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
5,719
Multi-Family
456
Businesses
364
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Listed by: Michelle Maiman • Realty One Group Haven
Mls Name: RANW
Mls ID: #50292236
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.