2216 North 39th STREET #2218MilwaukeeWI53208
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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 2216 North 39th STREET #2218, Milwaukee, WI, 53208 generates $1,067/mo in rent and, after a $514/mo payment, leaves $362/mo in cash flow. Total monthly income is $1,067/mo, and annual cash flow is $4,347/yr on $34,808 invested. Return on cash invested sits at 32.4% in year one, and rental yield is 12.19% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 170.59% and total cumulative return in cash sums $59,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,067/mo property income rather than buyer’s personal income.
Multi Family
Built in 1909
4,356 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: Lisa-Marie Franco-Garcia • Realty of America LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915350
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.