2832 North 61st STREETMilwaukeeWI53210
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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 2832 North 61st STREET, Milwaukee, WI, 53210 generates $1,790/mo in rent and, after a $1,145/mo payment, leaves $220/mo in cash flow. Total monthly income is $1,790/mo, and annual cash flow is $2,639/yr on $77,571 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.18% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $94,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,790/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4,791 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 Sams Jr • Homestead Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1905101
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.