1631 West Edgerton AVENUE #BMilwaukeeWI53221
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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 1631 West Edgerton AVENUE #B, Milwaukee, WI, 53221 with 5% annual appreciation on a $190,000 basis while $1,507/mo rent supports operations. 91% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.52%. Five-year ROI measures 95.11% and total cumulative return in cash totals $59,904. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,507/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
N/A lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53221, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 9,532 (58.1%) |
| Renter Occupied HU | 6,038 (36.8%) |
| Vacant Housing Units | 842 ( 5.1%) |
| Median Home Value | $260,377 |
| Average Home Value | $296,436 |
Housing Distribution
Address Breakdown
Residential
16,135
Single Family
11,778
Multi-Family
4,357
Businesses
761
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Listed by: Maritza Rodriguez • RE/MAX Lakeside-South
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915263
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.