2158 North 48th STREET UNIT 2160MilwaukeeWI53208
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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 2158 North 48th STREET UNIT 2160, Milwaukee, WI, 53208 offers a 9.26% rental yield on a $185,000 purchase with $1,428/mo rent. Total monthly income registers $1,428/mo, and a $905/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,243/yr on $61,328 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 123.14% and total cumulative return in cash at $75,519. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,428/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1912
3,484 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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Listed by: Erica Winship • Premier Point Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910933
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.