3916 North Oakland AVENUE #224ShorewoodWI53211
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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 Shorewood at 3916 North Oakland AVENUE #224, Shorewood, WI, 53211 offers a 8.25% rental yield on a $219,999 purchase with $1,512/mo rent. Total monthly income registers $1,512/mo, and a $1,077/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $424/yr on $72,930 to close, and return on cash invested stands at 20.49% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 106.69% and total cumulative return in cash at $77,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,512/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53211, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 6,096 (36.2%) |
| Renter Occupied HU | 9,600 (56.9%) |
| Vacant Housing Units | 1,163 ( 6.9%) |
| Median Home Value | $446,088 |
| Average Home Value | $512,505 |
Housing Distribution
Address Breakdown
Residential
16,561
Single Family
9,702
Multi-Family
6,859
Businesses
774
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