1856 North 24th PLACEMilwaukeeWI53205
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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 Milwaukee at 1856 North 24th PLACE, Milwaukee, WI, 53205 uses $49,692 cash to close to unlock $1,808/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,157/mo, and a $734/mo payment keeps the spread at $151/mo. Purchase price stands at $149,900, and rental yield measures 9.26% with $1,157/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash records $61,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,157/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1890
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53205, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,581 (100%) |
| Owner Occupied HU | 942 (20.6%) |
| Renter Occupied HU | 3,040 (66.4%) |
| Vacant Housing Units | 599 (13.1%) |
| Median Home Value | $157,401 |
| Average Home Value | $188,735 |
Housing Distribution
Address Breakdown
Residential
4,160
Single Family
2,930
Multi-Family
1,230
Businesses
318
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