2403 West Alvina AVENUEMilwaukeeWI53221
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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 2403 West Alvina AVENUE, Milwaukee, WI, 53221 offers a 9.58% rental yield on a $380,000 purchase with $3,035/mo rent. Total monthly income registers $3,035/mo, and a $1,860/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,816/yr on $125,970 to close, and return on cash invested stands at 24.53% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 128.29% and total cumulative return in cash at $161,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,035/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53221, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 9,532 (58.1%) |
| Renter Occupied HU | 6,038 (36.8%) |
| Vacant Housing Units | 842 ( 5.1%) |
| Median Home Value | $260,377 |
| Average Home Value | $296,436 |
Housing Distribution
Address Breakdown
Residential
16,135
Single Family
11,778
Multi-Family
4,357
Businesses
761
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