2608 W Mitchell StMilwaukeeWI53204
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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 2608 W Mitchell St, Milwaukee, WI, 53204 at $216,700 posts ROI 22.89% with $178/mo cash flow from $1,633/mo rent. Total monthly income equals $1,633/mo, and annual cash flow records $2,140/yr on $71,836 to close. Return on cash invested measures 22.89% and rental yield reads 9.04% at the current $216,700. Equity gained on principal adds $1,398/yr, and 5% annual appreciation supports $59,870 by year five. Five-year ROI prints 119.55% and total cumulative return in cash totals $85,879.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,633/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1888
3,600 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
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