3220 South 15th PLACEMilwaukeeWI53215
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 3220 South 15th PLACE, Milwaukee, WI, 53215 listed at $319,000 pairs $1,174/mo rent with a $1,561/mo payment. Total monthly income runs $1,174/mo. Return on cash invested measures 8.94% in year one, and rental yield registers 4.42% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 44.73% and total cumulative return in cash totals $47,305. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,174/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1924
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53215, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,566 (100%) |
| Owner Occupied HU | 8,393 (40.8%) |
| Renter Occupied HU | 10,783 (52.4%) |
| Vacant Housing Units | 1,390 ( 6.8%) |
| Median Home Value | $165,366 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
19,069
Single Family
17,242
Multi-Family
1,827
Businesses
1,155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darchell Rauter • Keller Williams Realty-Milwaukee Southwest
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1904706
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.