584 N Wisconsin 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 584 N Wisconsin St, Berlin, WI, 54923 priced at $224,975 pairs $1,537/mo rent with $27/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,537/mo, and annual cash flow comes to $328/yr on $74,579 invested. Return on cash invested is 20.35% in year one, and rental yield stands at 8.2% on a $224,975 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,156 by year five. Five-year ROI measures 105.92% and total cumulative return in cash reaches $78,997. For financing, Ziffy Mortgage’s DSCR program evaluates $1,537/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2000
0.60 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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