1021 North 23rd STREET #1035MilwaukeeWI53233
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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 Milwaukee at 1021 North 23rd STREET #1035, Milwaukee, WI, 53233 generates $1,463/mo in rent, after a $4,895/mo payment. Total monthly income is $1,463/mo. Return on cash invested sits at 0.92% in year one, and rental yield is 1.76% on a $999,999 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 1.67% and total cumulative return in cash sums $5,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,463/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53233, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,525 (100%) |
| Owner Occupied HU | 233 ( 3.6%) |
| Renter Occupied HU | 5,614 (86.0%) |
| Vacant Housing Units | 678 (10.4%) |
| Median Home Value | $202,000 |
| Average Home Value | $312,640 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
1,133
Multi-Family
5,369
Businesses
452
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