1841 North 56th STREET #1841A, 1843MilwaukeeWI53208
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
Investment Highlights
Total monthly income runs $1,901/mo, and a $1,786/mo payment. Purchase price stands at $365,000, and rental yield measures 6.25% with $1,901/mo rent. Return on cash invested shows 14.47% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 74.37% and total cumulative return in cash records $89,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,901/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Multi Family
Built in 1923
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53208, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,830 (100%) |
| Owner Occupied HU | 4,018 (29.1%) |
| Renter Occupied HU | 8,228 (59.5%) |
| Vacant Housing Units | 1,584 (11.5%) |
| Median Home Value | $223,469 |
| Average Home Value | $263,687 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
9,472
Multi-Family
3,826
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices