3202 West Fairmount AVENUE UNIT 3202AMilwaukeeWI53209
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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 3202 West Fairmount AVENUE UNIT 3202A, Milwaukee, WI, 53209 listed at $118,900 pairs $1,409/mo rent with a $582/mo payment to leave $611/mo cash flow. Total monthly income runs $1,409/mo, and annual cash flow reaches $7,332/yr on $39,415 cash to close. Return on cash invested measures 38.51% in year one, and rental yield registers 14.22% at a $118,900 basis. Equity gained on principal adds $767/yr, and annual property appreciation at 5% supports $32,850 by year five. Five-year ROI tracks 203.25% and total cumulative return in cash totals $80,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,409/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1926
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53209, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,318 (100%) |
| Owner Occupied HU | 8,470 (41.7%) |
| Renter Occupied HU | 9,960 (49.0%) |
| Vacant Housing Units | 1,888 ( 9.3%) |
| Median Home Value | $206,310 |
| Average Home Value | $258,664 |
Housing Distribution
Address Breakdown
Residential
20,076
Single Family
15,052
Multi-Family
5,024
Businesses
1,190
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Listed by: Geoffry Stuhr • Smart Asset Realty Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1875625
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.