2249 North 61st STREETWauwatosaWI53213
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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 Wauwatosa at 2249 North 61st STREET, Wauwatosa, WI, 53213 offers a 9.65% rental yield on a $335,000 purchase with $2,694/mo rent. Total monthly income registers $2,694/mo, and a $1,640/mo payment leaves $445/mo available for distribution. Annual cash flow reaches $5,345/yr on $111,053 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 129.35% and total cumulative return in cash at $143,648. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,694/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1922
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53213, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,991 (100%) |
| Owner Occupied HU | 7,256 (55.9%) |
| Renter Occupied HU | 5,059 (38.9%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $363,530 |
| Average Home Value | $399,542 |
Housing Distribution
Address Breakdown
Residential
12,237
Single Family
9,881
Multi-Family
2,356
Businesses
720
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