1009 South 111th PLACEWest AllisWI53214
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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 West Allis at 1009 South 111th PLACE, West Allis, WI, 53214 uses $96,102 cash to close to unlock $3,340/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,224/mo, and a $1,419/mo payment keeps the spread at $278/mo. Purchase price stands at $289,900, and rental yield measures 9.21% with $2,224/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 122.19% and total cumulative return in cash records $117,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,224/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1953
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53214, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,348 (100%) |
| Owner Occupied HU | 8,055 (46.4%) |
| Renter Occupied HU | 8,197 (47.3%) |
| Vacant Housing Units | 1,096 ( 6.3%) |
| Median Home Value | $209,601 |
| Average Home Value | $265,944 |
Housing Distribution
Address Breakdown
Residential
16,411
Single Family
13,034
Multi-Family
3,377
Businesses
1,311
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Listed by: Terry Lesperance • RE/MAX Service First
Mls Name: WIREX MLS
Mls ID: #1932669