2642 North 50th STREET #2644MilwaukeeWI53210
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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 2642 North 50th STREET #2644, Milwaukee, WI, 53210 offers a 9.28% rental yield on a $179,000 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $876/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,206/yr on $59,339 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 123.47% and total cumulative return in cash at $73,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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