2007 North 40th STREET #2009MilwaukeeWI53208
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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 Milwaukee at 2007 North 40th STREET #2009, Milwaukee, WI, 53208 generates $1,831/mo in rent and, after a $930/mo payment, leaves $556/mo in cash flow. Total monthly income is $1,831/mo, and annual cash flow is $6,670/yr on $62,985 invested. Return on cash invested sits at 30.5% in year one, and rental yield is 11.56% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 160.31% and total cumulative return in cash sums $100,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,831/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53208, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,830 (100%) |
| Owner Occupied HU | 4,018 (29.1%) |
| Renter Occupied HU | 8,228 (59.5%) |
| Vacant Housing Units | 1,584 (11.5%) |
| Median Home Value | $223,469 |
| Average Home Value | $263,687 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
9,472
Multi-Family
3,826
Businesses
828
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