1618 South 115th COURT #204West AllisWI53214
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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 West Allis at 1618 South 115th COURT #204, West Allis, WI, 53214 earns $278/mo cash flow from $1,686/mo rent with a $837/mo payment. Total monthly income totals $1,686/mo, and annual cash flow totals $3,340/yr on $56,687 capital. ROI tracks 25.8% on current figures, and rental yield reads 11.83% at a $171,000 purchase. Equity gained on principal adds $1,103/yr, and 5% annual appreciation supports $47,244 over five years. Five-year ROI reaches 137.17% and total cumulative return in cash sums $77,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,686/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53214, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,348 (100%) |
| Owner Occupied HU | 8,055 (46.4%) |
| Renter Occupied HU | 8,197 (47.3%) |
| Vacant Housing Units | 1,096 ( 6.3%) |
| Median Home Value | $209,601 |
| Average Home Value | $265,944 |
Housing Distribution
Address Breakdown
Residential
16,411
Single Family
13,034
Multi-Family
3,377
Businesses
1,311
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Listed by: Robert Herget • First Weber Inc - Delafield
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1917322
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