3356 North 60th STREET #3358MilwaukeeWI53216
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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
Rental property for sale in Milwaukee at 3356 North 60th STREET #3358, Milwaukee, WI, 53216 generates $1,854/mo in rent and, after a $1,223/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,854/mo, and annual cash flow is $2,124/yr on $82,842 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 8.9% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 117.35% and total cumulative return in cash sums $97,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.
Multi Family
Built in 1961
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53216, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,592 (100%) |
| Owner Occupied HU | 5,545 (40.8%) |
| Renter Occupied HU | 6,821 (50.2%) |
| Vacant Housing Units | 1,226 ( 9.0%) |
| Median Home Value | $157,983 |
| Average Home Value | $222,537 |
Housing Distribution
Address Breakdown
Residential
12,778
Single Family
11,418
Multi-Family
1,360
Businesses
747
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