1363 North 57th STREETMilwaukeeWI53208
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1363 North 57th STREET, Milwaukee, WI, 53208 in Milwaukee hard to pass up. The 11.22% gross yield on a $289,900 purchase results in $2,710/mo in rent and $764/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.08). Annual cash flow of $9,168, five-year appreciation of $80,094, and $2,670/yr in equity build-up combine for a projected total cumulative return of $159,792.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.2% |
| Monthly Cash Flow | $764 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,710 |
| Total Monthly Debt Service | $1,830 |
| DSCR Ratio | 1.48x |
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.
Single Family
Built in 1927
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53208, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,830 (100%) |
| Owner Occupied HU | 4,018 (29.1%) |
| Renter Occupied HU | 8,228 (59.5%) |
| Vacant Housing Units | 1,584 (11.5%) |
| Median Home Value | $223,469 |
| Average Home Value | $263,687 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
9,472
Multi-Family
3,826
Businesses
828
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
Single Family
Built in 1927
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53208, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,830 (100%) |
| Owner Occupied HU | 4,018 (29.1%) |
| Renter Occupied HU | 8,228 (59.5%) |
| Vacant Housing Units | 1,584 (11.5%) |
| Median Home Value | $223,469 |
| Average Home Value | $263,687 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
9,472
Multi-Family
3,826
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Kunick • Keller Williams Realty-Lake Country
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913797
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.