1607 East Park PLACEMilwaukeeWI53211
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Nearby investment properties with comparable prices
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 1607 East Park PLACE, Milwaukee, WI, 53211 at $479,000 posts ROI 20.78% with $116/mo cash flow from $3,605/mo rent. Total monthly income equals $3,605/mo, and annual cash flow records $1,390/yr on $158,789 to close. Return on cash invested measures 20.78% and rental yield reads 9.03% at the current $479,000. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 by year five. Five-year ROI prints 108.97% and total cumulative return in cash totals $173,031.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,605/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2001
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53211, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 6,096 (36.2%) |
| Renter Occupied HU | 9,600 (56.9%) |
| Vacant Housing Units | 1,163 ( 6.9%) |
| Median Home Value | $446,088 |
| Average Home Value | $512,505 |
Housing Distribution
Address Breakdown
Residential
16,561
Single Family
9,702
Multi-Family
6,859
Businesses
774
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Listed by: Daria Aitken-Siegel • Mahler Sotheby's International Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1907221
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.