3456 South 15th PLACEMilwaukeeWI53215
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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 3456 South 15th PLACE, Milwaukee, WI, 53215 generates $1,536/mo in rent and, after a $1,076/mo payment, leaves $61/mo in cash flow. Total monthly income is $1,536/mo, and annual cash flow is $726/yr on $72,897 invested. Return on cash invested sits at 20.91% in year one, and rental yield is 8.38% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash sums $79,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
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
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Listed by: Cierra Burmeister • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909457
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.