3634 North 61st STREETMilwaukeeWI53216
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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 3634 North 61st STREET, Milwaukee, WI, 53216 uses $67,958 cash to close to unlock $6,967/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $1,956/mo, and a $1,003/mo payment keeps the spread at $581/mo. Purchase price stands at $205,000, and rental yield measures 11.45% with $1,956/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 158.53% and total cumulative return in cash records $107,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,956/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1952
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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