108 West Wells STREET #4CMilwaukeeWI53203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 108 West Wells STREET #4C, Milwaukee, WI, 53203 in Milwaukee worth modelling. At $200,000 with a 10.57% gross yield, the $1,762/mo rent leaves $49/mo after the $899/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.96 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $55,256 by year five; $1,842/yr in principal reduction adds further equity. Total projected return: $103,343.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.2% |
| Monthly Cash Flow | $49 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,762 |
| Total Monthly Debt Service | $1,263 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1897
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53203, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 141 ( 8.1%) |
| Renter Occupied HU | 1,339 (77.3%) |
| Vacant Housing Units | 252 (14.5%) |
| Median Home Value | $480,882 |
| Average Home Value | $483,599 |
Housing Distribution
Address Breakdown
Residential
1,887
Single Family
291
Multi-Family
1,596
Businesses
670
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
Condo
Built in 1897
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53203, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 141 ( 8.1%) |
| Renter Occupied HU | 1,339 (77.3%) |
| Vacant Housing Units | 252 (14.5%) |
| Median Home Value | $480,882 |
| Average Home Value | $483,599 |
Housing Distribution
Address Breakdown
Residential
1,887
Single Family
291
Multi-Family
1,596
Businesses
670
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices