3239 South 58th STREET SOUTH South #111MilwaukeeWI53219
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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 3239 South 58th STREET SOUTH South #111, Milwaukee, WI, 53219 offers a 9.35% rental yield on a $119,500 purchase with $931/mo rent. Total monthly income registers $931/mo, and a $585/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,547/yr on $39,614 to close, and return on cash invested stands at 23.81% in year one. Equity gained on principal adds $771/yr while 5% annual appreciation supports $33,016 over five years. Portfolio math shows five-year ROI at 124.46% and total cumulative return in cash at $49,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $931/mo property income against a $585/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A 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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