1307 Sherman AVENUESouth MilwaukeeWI53172
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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
Rental property for sale in South Milwaukee at 1307 Sherman AVENUE, South Milwaukee, WI, 53172 offers $2,392/mo rent that, after a $1,713/mo payment, leaves $43/mo cash flow. Total monthly income is $2,392/mo, and annual cash flow is $520/yr on $115,992 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.2% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 105.95% and total cumulative return in cash reaches $122,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,392/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53172, South Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,452 (100%) |
| Owner Occupied HU | 5,294 (56.0%) |
| Renter Occupied HU | 3,605 (38.1%) |
| Vacant Housing Units | 553 ( 5.9%) |
| Median Home Value | $256,543 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
9,048
Single Family
7,499
Multi-Family
1,549
Businesses
361
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Listed by: Citlalli Jimenez Perez • reThought Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1907040
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.