3028 North Hackett AVENUEMilwaukeeWI53211
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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
Rental property for sale in Milwaukee at 3028 North Hackett AVENUE, Milwaukee, WI, 53211 offers $3,796/mo rent that, after a $2,814/mo payment. Total monthly income is $3,796/mo. Return on cash invested measures 19.66% in year one, and rental yield stands at 7.92% at a $574,900 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,834 by year five. Five-year ROI records 102.19% and total cumulative return in cash reaches $193,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,796/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
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
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Listed by: Pat Bitterberg • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909145
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.