2870 South 103rd STREETWest AllisWI53227
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 2870 South 103rd STREET, West Allis, WI, 53227 in West Allis worth modelling. At $350,000 with a 8.31% gross yield, the $2,142/mo rent leaves $75/mo after the $1,574/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.36 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $96,699 by year five; $3,224/yr in principal reduction adds further equity. Total projected return: $120,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $75 | $850 |
City averages based on West Allis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,142 |
| Total Monthly Debt Service | $2,210 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53227, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 5,537 (49.8%) |
| Renter Occupied HU | 5,150 (46.4%) |
| Vacant Housing Units | 421 ( 3.8%) |
| Median Home Value | $243,923 |
| Average Home Value | $271,411 |
Housing Distribution
Address Breakdown
Residential
11,136
Single Family
7,204
Multi-Family
3,932
Businesses
878
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
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53227, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 5,537 (49.8%) |
| Renter Occupied HU | 5,150 (46.4%) |
| Vacant Housing Units | 421 ( 3.8%) |
| Median Home Value | $243,923 |
| Average Home Value | $271,411 |
Housing Distribution
Address Breakdown
Residential
11,136
Single Family
7,204
Multi-Family
3,932
Businesses
878
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neal Miller • Epique Realty Germantown
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914197
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.