1213 South 88th STREETWest AllisWI53214
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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 West Allis at 1213 South 88th STREET, West Allis, WI, 53214 uses $91,129 cash to close to unlock $8,227/yr annual cash flow and $686/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,346/mo payment keeps the spread at $686/mo. Purchase price stands at $274,900, and rental yield measures 11.04% with $2,530/mo rent. Return on cash invested shows 28.94% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 151.95% and total cumulative return in cash records $138,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1947
6,098 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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Listed by: Jessica Merritt • RE/MAX Lakeside-West
Mls Name: WIREX MLS
Mls ID: #1928111