2051 South 102nd STREET #EMilwaukeeWI53227
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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 2051 South 102nd STREET #E, Milwaukee, WI, 53227 offers a 8.24% rental yield on a $219,900 purchase with $1,510/mo rent. Total monthly income registers $1,510/mo, and a $1,076/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $414/yr on $72,897 to close, and return on cash invested stands at 20.48% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 106.61% and total cumulative return in cash at $77,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,510/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53227, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 5,537 (49.8%) |
| Renter Occupied HU | 5,150 (46.4%) |
| Vacant Housing Units | 421 ( 3.8%) |
| Median Home Value | $243,923 |
| Average Home Value | $271,411 |
Housing Distribution
Address Breakdown
Residential
11,136
Single Family
7,204
Multi-Family
3,932
Businesses
878
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