2935 South 38th STREETMilwaukeeWI53215
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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 2935 South 38th STREET, Milwaukee, WI, 53215 uses $102,765 cash to close to unlock $3,826/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $2,399/mo, and a $1,517/mo payment keeps the spread at $319/mo. Purchase price stands at $310,000, and rental yield measures 9.29% with $2,399/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 123.49% and total cumulative return in cash records $126,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,399/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1951
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53215, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,566 (100%) |
| Owner Occupied HU | 8,393 (40.8%) |
| Renter Occupied HU | 10,783 (52.4%) |
| Vacant Housing Units | 1,390 ( 6.8%) |
| Median Home Value | $165,366 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
19,069
Single Family
17,242
Multi-Family
1,827
Businesses
1,155
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