3218 N 89th StMilwaukeeWI53222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3218 N 89th St, Milwaukee, WI, 53222 uses $72,599 cash to close to unlock $6,770/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,072/mo payment keeps the spread at $564/mo. Purchase price stands at $219,000, and rental yield measures 11.15% with $2,034/mo rent. Return on cash invested shows 29.23% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 153.59% and total cumulative return in cash records $111,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53222, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,695 (100%) |
| Owner Occupied HU | 7,371 (63.0%) |
| Renter Occupied HU | 3,711 (31.7%) |
| Vacant Housing Units | 613 ( 5.2%) |
| Median Home Value | $226,162 |
| Average Home Value | $273,635 |
Housing Distribution
Address Breakdown
Residential
11,816
Single Family
9,814
Multi-Family
2,002
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices