2420 West Chambers STREETMilwaukeeWI53206
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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 2420 West Chambers STREET, Milwaukee, WI, 53206 priced at $169,900 converts $1,960/mo rent into $819/mo cash flow after a $832/mo obligation. Total monthly income equals $1,960/mo, and annual cash flow totals $9,832/yr on $56,322 invested. Return on cash invested prints 37.37% in year one, and rental yield reads 13.84% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 197.21% and total cumulative return in cash sums $111,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,960/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 2008
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53206, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 2,731 (26.4%) |
| Renter Occupied HU | 5,831 (56.3%) |
| Vacant Housing Units | 1,791 (17.3%) |
| Median Home Value | $62,979 |
| Average Home Value | $124,190 |
Housing Distribution
Address Breakdown
Residential
9,244
Single Family
8,642
Multi-Family
602
Businesses
440
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Listed by: Michelle Hintz • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895870
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.