1717 East Kensington BOULEVARD #400ShorewoodWI53211
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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 Shorewood at 1717 East Kensington BOULEVARD #400, Shorewood, WI, 53211 generates $2,458/mo in rent, after a $2,203/mo payment. Total monthly income is $2,458/mo. Return on cash invested sits at 11.16% in year one, and rental yield is 6.55% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 58.16% and total cumulative return in cash sums $86,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,458/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53211, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 6,096 (36.2%) |
| Renter Occupied HU | 9,600 (56.9%) |
| Vacant Housing Units | 1,163 ( 6.9%) |
| Median Home Value | $446,088 |
| Average Home Value | $512,505 |
Housing Distribution
Address Breakdown
Residential
16,561
Single Family
9,702
Multi-Family
6,859
Businesses
774
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Listed by: Houseworks Collective - Jay Schmidt Group* • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1926991
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