1906 East Shorewood BOULEVARD #255ShorewoodWI53211
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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
Rental property for sale in Shorewood at 1906 East Shorewood BOULEVARD #255, Shorewood, WI, 53211 generates $2,030/mo in rent and, after a $1,076/mo payment, leaves $555/mo in cash flow. Total monthly income is $2,030/mo, and annual cash flow is $6,654/yr on $72,897 invested. Return on cash invested sits at 29.04% in year one, and rental yield is 11.08% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 152.51% and total cumulative return in cash sums $111,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,030/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53211, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 6,096 (36.2%) |
| Renter Occupied HU | 9,600 (56.9%) |
| Vacant Housing Units | 1,163 ( 6.9%) |
| Median Home Value | $446,088 |
| Average Home Value | $512,505 |
Housing Distribution
Address Breakdown
Residential
16,561
Single Family
9,702
Multi-Family
6,859
Businesses
774
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