3803 North 38th STREETMilwaukeeWI53216
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3803 North 38th STREET, Milwaukee, WI, 53216 in Milwaukee at $125,190 earns $983/mo in rent and nets $143/mo after the $563/mo payment, a 9.42% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,588 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,153/yr in principal paydown, total projected return reaches $56,961.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.2% |
| Monthly Cash Flow | $143 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $983 |
| Total Monthly Debt Service | $790 |
| DSCR Ratio | 1.24x |
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.
Single Family
Built in 1941
5,662 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
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
Single Family
Built in 1941
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices