1429-1431 West Mineral STREETMilwaukeeWI53204
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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
Investment property for sale in Milwaukee at 1429-1431 West Mineral STREET, Milwaukee, WI, 53204 offers a 12.28% rental yield on a $190,000 purchase with $1,944/mo rent. Total monthly income registers $1,944/mo, and a $930/mo payment leaves $669/mo available for distribution. Annual cash flow reaches $8,026/yr on $62,985 to close, and return on cash invested stands at 32.65% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 171.85% and total cumulative return in cash at $108,240. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,944/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53204, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,082 (100%) |
| Owner Occupied HU | 3,296 (20.5%) |
| Renter Occupied HU | 11,499 (71.5%) |
| Vacant Housing Units | 1,287 ( 8.0%) |
| Median Home Value | $126,422 |
| Average Home Value | $226,976 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
9,825
Multi-Family
3,675
Businesses
1,337
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