1256 South 53rd STREETWest MilwaukeeWI53214
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 West Milwaukee at 1256 South 53rd STREET, West Milwaukee, WI, 53214 uses $94,444 cash to close to unlock $3,701/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,394/mo payment keeps the spread at $308/mo. Purchase price stands at $284,900, and rental yield measures 9.35% with $2,220/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 124.57% and total cumulative return in cash records $117,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1928
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Warren Matson • Abundance Real Estate
Mls Name: WIREX MLS
Mls ID: #1930275