1707 North Prospect AVENUE #5C, Milwaukee, WI, 53202 | $306/mo Cash Flow

Recently Sold

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Milwaukee at 1707 North Prospect AVENUE #5C, Milwaukee, WI, 53202 uses $38,123 cash to close to unlock $3,673/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $1,632/mo, and a $563/mo payment keeps the spread at $306/mo. Purchase price stands at $115,000, and rental yield measures 17.03% with $1,632/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 161.63% and total cumulative return in cash records $61,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,632/mo property income covering a $563/mo payment rather than investor’s personal income.

Condo

Built in 1967

N/A lot

$N/A/sqft

$554 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53202, Milwaukee, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,098 (100%)
Owner Occupied HU	3,286 (15.6%)
Renter Occupied HU	15,553 (73.7%)
Vacant Housing Units	2,259 (10.7%)
Median Home Value	$408,439
Average Home Value	$483,427