1300 South 29th STREETMilwaukeeWI53215
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 1300 South 29th STREET, Milwaukee, WI, 53215 uses $72,930 cash to close to unlock $4,444/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,847/mo, and a $1,077/mo payment keeps the spread at $370/mo. Purchase price stands at $220,000, and rental yield measures 10.07% with $1,847/mo rent. Return on cash invested shows 26% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 136.26% and total cumulative return in cash records $99,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,847/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53215, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,566 (100%) |
| Owner Occupied HU | 8,393 (40.8%) |
| Renter Occupied HU | 10,783 (52.4%) |
| Vacant Housing Units | 1,390 ( 6.8%) |
| Median Home Value | $165,366 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
19,069
Single Family
17,242
Multi-Family
1,827
Businesses
1,155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Bollmann • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913490
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.