1532 West Ramsey AVENUEMilwaukeeWI53221
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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 1532 West Ramsey AVENUE, Milwaukee, WI, 53221 uses $106,047 cash to close to unlock $526/yr annual cash flow and $44/mo monthly cash flow. Total monthly income runs $2,191/mo, and a $1,566/mo payment keeps the spread at $44/mo. Purchase price stands at $319,900, and rental yield measures 8.22% with $2,191/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 106.18% and total cumulative return in cash records $112,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,191/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53221, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 9,532 (58.1%) |
| Renter Occupied HU | 6,038 (36.8%) |
| Vacant Housing Units | 842 ( 5.1%) |
| Median Home Value | $260,377 |
| Average Home Value | $296,436 |
Housing Distribution
Address Breakdown
Residential
16,135
Single Family
11,778
Multi-Family
4,357
Businesses
761
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Listed by: The Hupke Team* • RE/MAX Service First
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912139
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.