1718 West Washington STREET #1720MilwaukeeWI53204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1718 West Washington STREET #1720, Milwaukee, WI, 53204 in Milwaukee: $2,520/mo in rent, $1,255/mo net, 16.04% gross yield, all on a $188,500 acquisition. The 2.97 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $52,079 in value, and $1,736/yr in principal paydown steadily builds equity. Projected total cumulative return: $152,654.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 7.2% |
| Monthly Cash Flow | $1,255 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,520 |
| Total Monthly Debt Service | $1,190 |
| DSCR Ratio | 2.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1905
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53204, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,082 (100%) |
| Owner Occupied HU | 3,296 (20.5%) |
| Renter Occupied HU | 11,499 (71.5%) |
| Vacant Housing Units | 1,287 ( 8.0%) |
| Median Home Value | $126,422 |
| Average Home Value | $226,976 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
9,825
Multi-Family
3,675
Businesses
1,337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1905
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53204, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,082 (100%) |
| Owner Occupied HU | 3,296 (20.5%) |
| Renter Occupied HU | 11,499 (71.5%) |
| Vacant Housing Units | 1,287 ( 8.0%) |
| Median Home Value | $126,422 |
| Average Home Value | $226,976 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
9,825
Multi-Family
3,675
Businesses
1,337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
