1914 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 1914 West Salem STREET, Milwaukee, WI, 53221 uses $59,007 cash to close to unlock $4,616/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $1,942/mo, and a $871/mo payment keeps the spread at $385/mo. Purchase price stands at $178,000, and rental yield measures 13.09% with $1,942/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 148.15% and total cumulative return in cash records $87,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,942/mo property income covering a $871/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$363 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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