2616 Northpoint DrNew 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 2616 Northpoint Dr, New London, WI, 54961 generates $2,830/mo in rent and, after a $1,640/mo payment, leaves $581/mo in cash flow. Total monthly income is $2,830/mo, and annual cash flow is $6,977/yr on $111,053 invested. Return on cash invested sits at 26.19% in year one, and rental yield is 10.14% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 137.24% and total cumulative return in cash sums $152,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,830/mo property income rather than buyer’s personal income.
Condo
Built in 2025
0.25 Acres 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: Tyler Beckman • Beckman Properties
Mls Name: RANW
Mls ID: #50320365