1141 North Martin L King Jr DRIVE UNIT 3004MilwaukeeWI53203
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 1141 North Martin L King Jr DRIVE UNIT 3004, Milwaukee, WI, 53203 offers a 5.19% rental yield on a $1,925,000 purchase with $8,320/mo rent. 19% in year one. Equity gained on principal adds $12,422/yr while 5% annual appreciation supports $531,842 over five years. Portfolio math shows five-year ROI at 36.82% and total cumulative return in cash at $229,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,320/mo property income against a $9,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2012
N/A lot
$N/A/sqft
$2,250 monthly 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
Listed by: Lauren Siegel • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1900996
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.