2861 North Prospect AVENUEMilwaukeeWI53211
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
Investment Highlights
Rental property for sale in Milwaukee at 2861 North Prospect AVENUE, Milwaukee, WI, 53211 generates $4,458/mo in rent and, after a $2,687/mo payment, leaves $774/mo in cash flow. Total monthly income is $4,458/mo, and annual cash flow is $9,284/yr on $180,621 invested. Return on cash invested sits at 25.2% in year one, and rental yield is 9.74% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 131.88% and total cumulative return in cash sums $238,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,458/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53211, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 6,096 (36.2%) |
| Renter Occupied HU | 9,600 (56.9%) |
| Vacant Housing Units | 1,163 ( 6.9%) |
| Median Home Value | $446,088 |
| Average Home Value | $512,505 |
Housing Distribution
Address Breakdown
Residential
16,561
Single Family
9,702
Multi-Family
6,859
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vickie Kelsall • Century 21 Affiliated-Wauwatosa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911673
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.