2004 17th AVENUESouth MilwaukeeWI53172
Nearby investment properties with comparable rents
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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 South Milwaukee at 2004 17th AVENUE, South Milwaukee, WI, 53172 uses $89,472 cash to close to unlock $2,792/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $2,044/mo, and a $1,321/mo payment keeps the spread at $233/mo. Purchase price stands at $269,900, and rental yield measures 9.09% with $2,044/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 120.29% and total cumulative return in cash records $107,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,044/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1926
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53172, South Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,452 (100%) |
| Owner Occupied HU | 5,294 (56.0%) |
| Renter Occupied HU | 3,605 (38.1%) |
| Vacant Housing Units | 553 ( 5.9%) |
| Median Home Value | $256,543 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
9,048
Single Family
7,499
Multi-Family
1,549
Businesses
361
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Listed by: Jason Bonesteel • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1926717