1550 East Royall PLACE #600MilwaukeeWI53202
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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 1550 East Royall PLACE #600, Milwaukee, WI, 53202 uses $149,175 cash to close to unlock $2,322/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $3,214/mo, and a $2,203/mo payment keeps the spread at $194/mo. Purchase price stands at $450,000, and rental yield measures 8.57% with $3,214/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 111.88% and total cumulative return in cash records $166,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,214/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53202, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,098 (100%) |
| Owner Occupied HU | 3,286 (15.6%) |
| Renter Occupied HU | 15,553 (73.7%) |
| Vacant Housing Units | 2,259 (10.7%) |
| Median Home Value | $408,439 |
| Average Home Value | $483,427 |
Housing Distribution
Address Breakdown
Residential
19,997
Single Family
3,477
Multi-Family
16,520
Businesses
2,237
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