234 E Reservoir Ave UNIT 104MilwaukeeWI53212
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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 234 E Reservoir Ave UNIT 104, Milwaukee, WI, 53212 generates $1,322/mo in rent, after a $1,126/mo payment. Total monthly income is $1,322/mo. Return on cash invested sits at 12.44% in year one, and rental yield is 6.89% on a $230,100 entry. Equity gained on principal adds $1,485/yr, while 5% annual appreciation builds toward $63,572 over five years. Five-year ROI reaches 64.88% and total cumulative return in cash sums $49,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,322/mo property income rather than buyer’s personal income.
Condo
Built in 1917
767 sqft lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53212, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,216 (100%) |
| Owner Occupied HU | 3,891 (25.6%) |
| Renter Occupied HU | 9,514 (62.5%) |
| Vacant Housing Units | 1,811 (11.9%) |
| Median Home Value | $243,421 |
| Average Home Value | $280,268 |
Housing Distribution
Address Breakdown
Residential
14,242
Single Family
10,663
Multi-Family
3,579
Businesses
1,169
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