2905 North 16th STREET #2907MilwaukeeWI53206
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2905 North 16th STREET #2907, Milwaukee, WI, 53206 in Milwaukee is a top-tier cash-flow asset. At $109,900 it produces $1,261/mo in rent and $524/mo in net monthly income, a 13.77% gross rental yield. The DSCR of 2.55 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,284. Five-year appreciation adds $30,363, driving a total cumulative return of $75,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.2% |
| Monthly Cash Flow | $524 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,261 |
| Total Monthly Debt Service | $694 |
| DSCR Ratio | 1.82x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1914
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53206, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 2,731 (26.4%) |
| Renter Occupied HU | 5,831 (56.3%) |
| Vacant Housing Units | 1,791 (17.3%) |
| Median Home Value | $62,979 |
| Average Home Value | $124,190 |
Housing Distribution
Address Breakdown
Residential
9,244
Single Family
8,642
Multi-Family
602
Businesses
440
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
Multi Family
Built in 1914
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53206, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 2,731 (26.4%) |
| Renter Occupied HU | 5,831 (56.3%) |
| Vacant Housing Units | 1,791 (17.3%) |
| Median Home Value | $62,979 |
| Average Home Value | $124,190 |
Housing Distribution
Address Breakdown
Residential
9,244
Single Family
8,642
Multi-Family
602
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices