316 East BEACON AVENUENew LondonWI54961
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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 New London at 316 East BEACON AVENUE, New London, WI, 54961 priced at $249,900 pairs $1,954/mo rent with $277/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,954/mo, and annual cash flow comes to $3,324/yr on $82,842 invested. Return on cash invested is 23.92% in year one, and rental yield stands at 9.38% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 125.08% and total cumulative return in cash reaches $103,622. For financing, Ziffy Mortgage’s DSCR program evaluates $1,954/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.28 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: Katie VL Frederick • Coldwell Banker Real Estate Group
Mls Name: WIREX MLS
Mls ID: #50311050