2828 North Fratney STREETMilwaukeeWI53212
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.58% gross rental yield, 2828 North Fratney STREET, Milwaukee, WI, 53212 in Milwaukee is priced for capital growth, not immediate cash flow. The $699,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $193,121 by year five, with $6,438/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.48) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $61,473.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 7.2% |
| Monthly Cash Flow | $(3,189) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,502 |
| Total Monthly Debt Service | $4,413 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1904
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1904
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices