2840 North 117th STREETWauwatosaWI53222
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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 Wauwatosa at 2840 North 117th STREET, Wauwatosa, WI, 53222 earns $55/mo cash flow from $3,410/mo rent with a $2,447/mo payment. Total monthly income totals $3,410/mo, and annual cash flow totals $656/yr on $165,750 capital. ROI tracks 20.3% on current figures, and rental yield reads 8.18% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $175,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,410/mo property income instead of your personal income.
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53222, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,695 (100%) |
| Owner Occupied HU | 7,371 (63.0%) |
| Renter Occupied HU | 3,711 (31.7%) |
| Vacant Housing Units | 613 ( 5.2%) |
| Median Home Value | $226,162 |
| Average Home Value | $273,635 |
Housing Distribution
Address Breakdown
Residential
11,816
Single Family
9,814
Multi-Family
2,002
Businesses
733
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Listed by: Cheryl Spychalla • First Weber Inc- Greenfield
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915497
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.