2403 West Orchard STREETMilwaukeeWI53204
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder2403 West Orchard STREET, Milwaukee, WI, 53204 in Milwaukee is a stable, well-positioned rental at $179,900. Rental yield 7.08%. DSCR 1.31 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $49,703 in value and $1,657/yr in principal paydown builds equity, a total projected return of $59,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.2% |
| Monthly Cash Flow | $(145) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,062 |
| Total Monthly Debt Service | $1,136 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1909
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53204, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,082 (100%) |
| Owner Occupied HU | 3,296 (20.5%) |
| Renter Occupied HU | 11,499 (71.5%) |
| Vacant Housing Units | 1,287 ( 8.0%) |
| Median Home Value | $126,422 |
| Average Home Value | $226,976 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
9,825
Multi-Family
3,675
Businesses
1,337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1909
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53204, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,082 (100%) |
| Owner Occupied HU | 3,296 (20.5%) |
| Renter Occupied HU | 11,499 (71.5%) |
| Vacant Housing Units | 1,287 ( 8.0%) |
| Median Home Value | $126,422 |
| Average Home Value | $226,976 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
9,825
Multi-Family
3,675
Businesses
1,337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Saulnier • Realty Executives Integrity Brookfield
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1899730
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.