3743 North Vel R Phillis AVENUE #3743AMilwaukeeWI53212
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 3743 North Vel R Phillis AVENUE #3743A, Milwaukee, WI, 53212 in Milwaukee earns a 10.39% gross yield at $165,000. Rent of $1,429/mo nets $322/mo after the $742/mo mortgage. The 1.93 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $45,586 and $1,520/yr in equity accumulation project a total cumulative return of $83,678.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 7.2% |
| Monthly Cash Flow | $322 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,429 |
| Total Monthly Debt Service | $1,042 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1927
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53212, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,216 (100%) |
| Owner Occupied HU | 3,891 (25.6%) |
| Renter Occupied HU | 9,514 (62.5%) |
| Vacant Housing Units | 1,811 (11.9%) |
| Median Home Value | $243,421 |
| Average Home Value | $280,268 |
Housing Distribution
Address Breakdown
Residential
14,242
Single Family
10,663
Multi-Family
3,579
Businesses
1,169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1927
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53212, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,216 (100%) |
| Owner Occupied HU | 3,891 (25.6%) |
| Renter Occupied HU | 9,514 (62.5%) |
| Vacant Housing Units | 1,811 (11.9%) |
| Median Home Value | $243,421 |
| Average Home Value | $280,268 |
Housing Distribution
Address Breakdown
Residential
14,242
Single Family
10,663
Multi-Family
3,579
Businesses
1,169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meagan Ludwig • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1916332
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved