2623 North Palmer STREET #2625MilwaukeeWI53212
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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 2623 North Palmer STREET #2625, Milwaukee, WI, 53212 offers a 11.01% rental yield on a $225,000 purchase with $2,065/mo rent. Total monthly income registers $2,065/mo, and a $1,101/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,663/yr on $74,588 to close, and return on cash invested stands at 28.84% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 151.49% and total cumulative return in cash at $112,989. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,065/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1907
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53212, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,216 (100%) |
| Owner Occupied HU | 3,891 (25.6%) |
| Renter Occupied HU | 9,514 (62.5%) |
| Vacant Housing Units | 1,811 (11.9%) |
| Median Home Value | $243,421 |
| Average Home Value | $280,268 |
Housing Distribution
Address Breakdown
Residential
14,242
Single Family
10,663
Multi-Family
3,579
Businesses
1,169
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