1912 West Salem STREETMilwaukeeWI53221
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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 1912 West Salem STREET, Milwaukee, WI, 53221 listed at $168,900 pairs $1,353/mo rent with a $827/mo payment. Total monthly income runs $1,353/mo. Return on cash invested measures 17.49% in year one, and rental yield registers 9.61% at a $168,900 basis. Equity gained on principal adds $1,090/yr, and annual property appreciation at 5% supports $46,664 by year five. Five-year ROI tracks 93.21% and total cumulative return in cash totals $52,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,353/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$332 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53221, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 9,532 (58.1%) |
| Renter Occupied HU | 6,038 (36.8%) |
| Vacant Housing Units | 842 ( 5.1%) |
| Median Home Value | $260,377 |
| Average Home Value | $296,436 |
Housing Distribution
Address Breakdown
Residential
16,135
Single Family
11,778
Multi-Family
4,357
Businesses
761
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Listed by: Charles Hepp • Homestead Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909823
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.