1716 Manitoba AVENUESouth MilwaukeeWI53172
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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 South Milwaukee at 1716 Manitoba AVENUE, South Milwaukee, WI, 53172 priced at $279,800 converts $2,350/mo rent into $473/mo cash flow after a $1,369/mo obligation. Total monthly income equals $2,350/mo, and annual cash flow totals $5,672/yr on $92,754 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 10.08% against a $279,800 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,304 by year five. Five-year ROI reaches 136.32% and total cumulative return in cash sums $126,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,350/mo property income covering a $1,369/mo payment, not borrower’s personal income.
Single Family
Built in 1964
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53172, South Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,452 (100%) |
| Owner Occupied HU | 5,294 (56.0%) |
| Renter Occupied HU | 3,605 (38.1%) |
| Vacant Housing Units | 553 ( 5.9%) |
| Median Home Value | $256,543 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
9,048
Single Family
7,499
Multi-Family
1,549
Businesses
361
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Listed by: The Roth Team* • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1904930
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.