629 DOUGLAS STREETNew 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 629 DOUGLAS STREET, New London, WI, 54961 priced at $339,900 converts $774/mo rent into after a $1,664/mo obligation. Total monthly income equals $774/mo. Return on cash invested prints 3.85% in year one, and rental yield reads 2.73% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 17.44% and total cumulative return in cash sums $19,655. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $774/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.29 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: Lori Hobbs • Realty One Group Haven
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50308306
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved