3285 Old Lantern DRIVEBrookfieldWI53005
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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
Investment property for sale in Brookfield at 3285 Old Lantern DRIVE, Brookfield, WI, 53005 uses $222,075 cash to close to unlock $4,977/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $4,945/mo, and a $3,304/mo payment keeps the spread at $415/mo. Purchase price stands at $675,000, and rental yield measures 8.79% with $4,945/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 116.33% and total cumulative return in cash records $258,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,945/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53005, Brookfield, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,143 (100%) |
| Owner Occupied HU | 7,154 (78.2%) |
| Renter Occupied HU | 1,638 (17.9%) |
| Vacant Housing Units | 351 ( 3.8%) |
| Median Home Value | $440,674 |
| Average Home Value | $485,497 |
Housing Distribution
Address Breakdown
Residential
8,986
Single Family
8,082
Multi-Family
904
Businesses
1,469
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Listed by: Wendy Manzke • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1941859