1128 South 62nd STREETMilwaukeeWI53214
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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 Milwaukee at 1128 South 62nd STREET, Milwaukee, WI, 53214 listed at $324,000 pairs $1,488/mo rent with a $1,586/mo payment. Total monthly income runs $1,488/mo. Return on cash invested measures 12.24% in year one, and rental yield registers 5.51% at a $324,000 basis. Equity gained on principal adds $2,091/yr, and annual property appreciation at 5% supports $89,515 by year five. Five-year ROI tracks 62.42% and total cumulative return in cash totals $67,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,488/mo property income relative to a $1,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1975
3,484 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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