318 East Chicago STREET UNIT 4BMilwaukeeWI53202
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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
Total monthly income runs $6,412/mo, and a $7,092/mo payment. Purchase price stands at $1,449,000, and rental yield measures 5.31% with $6,412/mo rent. Return on cash invested shows 10.24% in year one, and 5% annual appreciation builds toward $400,332 over five years. Five-year ROI reaches 52.22% and total cumulative return in cash records $245,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,412/mo property income covering a $7,092/mo payment rather than investor’s personal income.
Condo
Built in 1916
N/A lot
$N/A/sqft
$649 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53202, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,098 (100%) |
| Owner Occupied HU | 3,286 (15.6%) |
| Renter Occupied HU | 15,553 (73.7%) |
| Vacant Housing Units | 2,259 (10.7%) |
| Median Home Value | $408,439 |
| Average Home Value | $483,427 |
Housing Distribution
Address Breakdown
Residential
19,997
Single Family
3,477
Multi-Family
16,520
Businesses
2,237
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Listed by: Tony Wendorf & Associates Team* • First Weber Inc - Delafield
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1894763
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.