2420 West Concordia AVENUE #2422MilwaukeeWI53206
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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 Concordia AVENUE #2422, Milwaukee, WI, 53206 generates $1,259/mo in rent and, after a $529/mo payment, leaves $534/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $6,406/yr on $35,802 invested. Return on cash invested sits at 37.8% in year one, and rental yield is 13.99% on a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 199.52% and total cumulative return in cash sums $71,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Multi Family
Built in 1922
2,613 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: Phillip Chojnacki • Whitten Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914959
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.