3457 South 61st STREETMilwaukeeWI53219
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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 3457 South 61st STREET, Milwaukee, WI, 53219 listed at $219,995 pairs $1,732/mo rent with a $1,077/mo payment to leave $255/mo cash flow. Total monthly income runs $1,732/mo, and annual cash flow reaches $3,064/yr on $72,928 cash to close. Return on cash invested measures 24.11% in year one, and rental yield registers 9.45% at a $219,995 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,781 by year five. Five-year ROI tracks 126.1% and total cumulative return in cash totals $91,966. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,732/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
6,098 sqft 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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Listed by: Maria Martinez • RE/MAX Service First
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909720
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.