2908 North Pierce STREETMilwaukeeWI53212
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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 2908 North Pierce STREET, Milwaukee, WI, 53212 uses $96,135 cash to close to unlock $2,882/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $2,186/mo, and a $1,419/mo payment keeps the spread at $240/mo. Purchase price stands at $290,000, and rental yield measures 9.05% with $2,186/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 119.65% and total cumulative return in cash records $115,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,186/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1891
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53212, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,216 (100%) |
| Owner Occupied HU | 3,891 (25.6%) |
| Renter Occupied HU | 9,514 (62.5%) |
| Vacant Housing Units | 1,811 (11.9%) |
| Median Home Value | $243,421 |
| Average Home Value | $280,268 |
Housing Distribution
Address Breakdown
Residential
14,242
Single Family
10,663
Multi-Family
3,579
Businesses
1,169
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