1543 South 23rd 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 1543 South 23rd STREET, Milwaukee, WI, 53204 uses $46,410 cash to close to unlock $7,460/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,561/mo, and a $685/mo payment keeps the spread at $622/mo. Purchase price stands at $140,000, and rental yield measures 13.38% with $1,561/mo rent. Return on cash invested shows 35.98% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 189.76% and total cumulative return in cash records $88,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,561/mo property income covering a $685/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
4,356 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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Listed by: Nina Halcomb • Lyon Realty, LLC - Milwaukee
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1866650
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.