1933 North 24th STREET #1935MilwaukeeWI53205
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1933 North 24th STREET #1935, Milwaukee, WI, 53205 in Milwaukee: $1,509/mo in rent, $503/mo net, 12.08% gross yield, all on a $149,900 acquisition. The 2.24 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $41,415 in value, and $1,381/yr in principal paydown steadily builds equity. Projected total cumulative return: $89,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 7.2% |
| Monthly Cash Flow | $503 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,509 |
| Total Monthly Debt Service | $946 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1922
4,356 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
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
Multi Family
Built in 1922
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices