2428 South Root River PARKWAYMilwaukeeWI53227
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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 2428 South Root River PARKWAY, Milwaukee, WI, 53227 uses $106,047 cash to close to unlock $7,498/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $2,772/mo, and a $1,566/mo payment keeps the spread at $625/mo. Purchase price stands at $319,900, and rental yield measures 10.4% with $2,772/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash records $149,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,772/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53227, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 5,537 (49.8%) |
| Renter Occupied HU | 5,150 (46.4%) |
| Vacant Housing Units | 421 ( 3.8%) |
| Median Home Value | $243,923 |
| Average Home Value | $271,411 |
Housing Distribution
Address Breakdown
Residential
11,136
Single Family
7,204
Multi-Family
3,932
Businesses
878
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