1651 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
Rental property for sale in Milwaukee at 1651 West Edgerton AVENUE #B, Milwaukee, WI, 53221 generates $2,512/mo in rent and, after a $979/mo payment, leaves $834/mo in cash flow. Total monthly income is $2,512/mo, and annual cash flow is $10,004/yr on $66,300 invested. Return on cash invested sits at 35% in year one, and rental yield is 15.07% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 186.67% and total cumulative return in cash sums $123,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,512/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$336 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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