1862 North Cambridge AVENUE #1864,1866MilwaukeeWI53202
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
Rental property for sale in Milwaukee at 1862 North Cambridge AVENUE #1864,1866, Milwaukee, WI, 53202 generates $2,120/mo in rent, after a $4,062/mo payment. Total monthly income is $2,120/mo. Return on cash invested sits at 4.9% in year one, and rental yield is 3.07% on a $829,900 entry. Equity gained on principal adds $5,355/yr, while 5% annual appreciation builds toward $229,286 over five years. Five-year ROI reaches 23.01% and total cumulative return in cash sums $62,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Multi Family
Built in 1905
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53202, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,098 (100%) |
| Owner Occupied HU | 3,286 (15.6%) |
| Renter Occupied HU | 15,553 (73.7%) |
| Vacant Housing Units | 2,259 (10.7%) |
| Median Home Value | $408,439 |
| Average Home Value | $483,427 |
Housing Distribution
Address Breakdown
Residential
19,997
Single Family
3,477
Multi-Family
16,520
Businesses
2,237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices