2638 North 47th STREET #2640MilwaukeeWI53210
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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 2638 North 47th STREET #2640, Milwaukee, WI, 53210 generates $1,294/mo in rent and, after a $612/mo payment, leaves $455/mo in cash flow. Total monthly income is $1,294/mo, and annual cash flow is $5,459/yr on $41,438 invested. Return on cash invested sits at 33.08% in year one, and rental yield is 12.42% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 174.17% and total cumulative return in cash sums $72,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,294/mo property income rather than buyer’s personal income.
Multi Family
Built in 1923
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53210, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,664 (100%) |
| Owner Occupied HU | 3,858 (36.2%) |
| Renter Occupied HU | 5,773 (54.1%) |
| Vacant Housing Units | 1,033 ( 9.7%) |
| Median Home Value | $186,863 |
| Average Home Value | $222,643 |
Housing Distribution
Address Breakdown
Residential
10,373
Single Family
9,290
Multi-Family
1,083
Businesses
665
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Listed by: John Mueller • Homestead Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914566
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.