1556 West Mitchell 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 1556 West Mitchell STREET, Milwaukee, WI, 53204 earns $507/mo cash flow from $1,309/mo rent with a $585/mo payment. Total monthly income totals $1,309/mo, and annual cash flow totals $6,083/yr on $39,614 capital. ROI tracks 35.26% on current figures, and rental yield reads 13.14% at a $119,500 purchase. Equity gained on principal adds $771/yr, and 5% annual appreciation supports $33,016 over five years. Five-year ROI reaches 185.86% and total cumulative return in cash sums $73,626. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,309/mo property income instead of your personal income.
Multi Family
Built in 1880
2,613 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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