1722 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
Investment property for sale in South Milwaukee at 1722 Manitoba Avenue, South Milwaukee, WI, 53172 offers a 8.95% rental yield on a $240,000 purchase with $1,790/mo rent. Total monthly income registers $1,790/mo, and a $1,175/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,148/yr on $79,560 to close, and return on cash invested stands at 22.61% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 118% and total cumulative return in cash at $93,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,790/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,098 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: Svetlana Cooley • Berkshire Hathaway HomeServices Local Realty
Mls Name: WIREX MLS
Mls ID: #2011076