2118 North 24th PLACE #2120MilwaukeeWI53205
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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 2118 North 24th PLACE #2120, Milwaukee, WI, 53205 listed at $159,900 pairs $1,256/mo rent with a $783/mo payment to leave $183/mo cash flow. Total monthly income runs $1,256/mo, and annual cash flow reaches $2,190/yr on $53,007 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 9.43% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 125.72% and total cumulative return in cash totals $66,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,256/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1890
3,484 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
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