2860 North Park DRIVEWauwatosaWI53222
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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 2860 North Park DRIVE, Wauwatosa, WI, 53222 offers a 10.43% rental yield on a $375,000 purchase with $3,259/mo rent. Total monthly income registers $3,259/mo, and a $1,835/mo payment leaves $743/mo available for distribution. Annual cash flow reaches $8,913/yr on $124,313 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 141.97% and total cumulative return in cash at $176,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,259/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,583 sqft 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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