447 Broadway StBerlinWI54923
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
Rental property for sale in Berlin at 447 Broadway St, Berlin, WI, 54923 offers $2,156/mo rent that, after a $1,150/mo payment, leaves $579/mo cash flow. Total monthly income is $2,156/mo, and annual cash flow is $6,949/yr on $77,896 cash. Return on cash invested measures 28.83% in year one, and rental yield stands at 11.01% at a $234,980 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,921 by year five. Five-year ROI records 151.42% and total cumulative return in cash reaches $117,946. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,156/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54923, Berlin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,662 (64.3%) |
| Renter Occupied HU | 1,088 (26.3%) |
| Vacant Housing Units | 389 ( 9.4%) |
| Median Home Value | $237,584 |
| Average Home Value | $287,987 |
Housing Distribution
Address Breakdown
Residential
3,793
Single Family
3,429
Multi-Family
364
Businesses
281
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