1026 North 23rd STREET #1028MilwaukeeWI53233
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
Investment property for sale in Milwaukee at 1026 North 23rd STREET #1028, Milwaukee, WI, 53233 offers a 4.43% rental yield on a $325,000 purchase with $1,201/mo rent. 99% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 44.99% and total cumulative return in cash at $48,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,201/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Greer • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915124
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.