229 East Norwich STREETMilwaukeeWI53207
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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 229 East Norwich STREET, Milwaukee, WI, 53207 with 5% annual appreciation on a $293,000 basis while $1,963/mo rent supports operations. 87% in year one. Equity gained on principal adds $1,891/yr, and five-year appreciation sums $80,951 alongside rental yield of 8.04%. Five-year ROI measures 103.32% and total cumulative return in cash totals $100,354. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,963/mo property income versus a $1,434/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53207, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,359 (100%) |
| Owner Occupied HU | 9,492 (54.7%) |
| Renter Occupied HU | 6,760 (38.9%) |
| Vacant Housing Units | 1,107 ( 6.4%) |
| Median Home Value | $273,369 |
| Average Home Value | $313,898 |
Housing Distribution
Address Breakdown
Residential
16,787
Single Family
14,597
Multi-Family
2,190
Businesses
1,244
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