3040 South 53rd STREETMilwaukeeWI53219
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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 3040 South 53rd STREET, Milwaukee, WI, 53219 uses $79,560 cash to close to unlock $3,624/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $1,175/mo payment keeps the spread at $302/mo. Purchase price stands at $240,000, and rental yield measures 9.56% with $1,913/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 127.94% and total cumulative return in cash records $101,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53219, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 9,424 (59.1%) |
| Renter Occupied HU | 5,795 (36.3%) |
| Vacant Housing Units | 730 ( 4.6%) |
| Median Home Value | $221,317 |
| Average Home Value | $267,417 |
Housing Distribution
Address Breakdown
Residential
15,485
Single Family
12,753
Multi-Family
2,732
Businesses
627
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