1316 South 63rd STREET #1318MilwaukeeWI53214
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Milwaukee rental at 1316 South 63rd STREET #1318, Milwaukee, WI, 53214 sits in the solid-income band: 10.47% gross yield, $2,006/mo rent, $463/mo net after the $1,034/mo debt service, DSCR 1.94. Entry price of $229,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $63,517 and $2,117/yr in principal reduction bring total cumulative return to $117,517.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.2% |
| Monthly Cash Flow | $463 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,006 |
| Total Monthly Debt Service | $1,451 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1902
3,484 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
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
Multi Family
Built in 1902
3,484 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: William Lauer Group* • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1933366
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved