2848 North 50th 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
Investment property for sale in Milwaukee at 2848 North 50th STREET, Milwaukee, WI, 53210 uses $40,337 cash to close to unlock $5,039/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $1,237/mo, and a $596/mo payment keeps the spread at $420/mo. Purchase price stands at $121,680, and rental yield measures 12.2% with $1,237/mo rent. Return on cash invested shows 32.4% in year one, and 5% annual appreciation builds toward $33,618 over five years. Five-year ROI reaches 170.48% and total cumulative return in cash records $68,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,237/mo property income covering a $596/mo payment rather than investor’s personal income.
Multi Family
Built in 1924
5,227 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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