2420 North Pasadena BOULEVARDMilwaukeeWI53226
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2420 North Pasadena BOULEVARD, Milwaukee, WI, 53226 in Milwaukee at $1,075,000, 3.08% gross yield, is a market-growth asset. Rental yield 3.08%. The $2,760/mo rent partially funds the $4,834/mo debt service; the core return is the 5%/yr price growth projected to add $297,003 over five years. Ziffy Mortgage's DSCR mortgage (0.57) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $123,454.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 7.2% |
| Monthly Cash Flow | $(4,455) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $6,787 |
| DSCR Ratio | 0.41x |
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.
Single Family
Built in 1936
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53226, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,620 (100%) |
| Owner Occupied HU | 5,286 (54.9%) |
| Renter Occupied HU | 3,716 (38.6%) |
| Vacant Housing Units | 618 ( 6.4%) |
| Median Home Value | $346,967 |
| Average Home Value | $380,677 |
Housing Distribution
Address Breakdown
Residential
9,500
Single Family
6,427
Multi-Family
3,073
Businesses
1,354
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
Single Family
Built in 1936
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53226, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,620 (100%) |
| Owner Occupied HU | 5,286 (54.9%) |
| Renter Occupied HU | 3,716 (38.6%) |
| Vacant Housing Units | 618 ( 6.4%) |
| Median Home Value | $346,967 |
| Average Home Value | $380,677 |
Housing Distribution
Address Breakdown
Residential
9,500
Single Family
6,427
Multi-Family
3,073
Businesses
1,354
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Double Boldt Real Estate Team* • Keller Williams-MNS Wauwatosa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1920153
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved