1603 Milwaukee STREETDelafieldWI53018
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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
Rental property for sale in Delafield at 1603 Milwaukee STREET, Delafield, WI, 53018 priced at $1,490,000 converts $1,993/mo rent into after a $7,293/mo obligation. Total monthly income equals $1,993/mo. Return on cash invested prints 0.47% in year one, and rental yield reads 1.61% against a $1,490,000 entry. Equity gained on principal adds $9,615/yr, while 5% annual appreciation compiles into $411,660 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,993/mo property income covering a $7,293/mo payment, not borrower’s personal income.
Single Family
Built in 1901
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53018, Delafield, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,215 (100%) |
| Owner Occupied HU | 2,416 (75.1%) |
| Renter Occupied HU | 637 (19.8%) |
| Vacant Housing Units | 162 ( 5.0%) |
| Median Home Value | $552,605 |
| Average Home Value | $635,217 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
2,879
Multi-Family
287
Businesses
553
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Listed by: Michael Szinte • The Real Estate Company Lake & Country
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910739
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.