400 North Broadway #804MilwaukeeWI53202
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
Investment Highlights
Rental property for sale in Milwaukee at 400 North Broadway #804, Milwaukee, WI, 53202 generates $2,653/mo in rent, after a $2,026/mo payment. Total monthly income is $2,653/mo. Return on cash invested sits at 13.77% in year one, and rental yield is 7.69% on a $414,000 entry. Equity gained on principal adds $2,671/yr, while 5% annual appreciation builds toward $114,381 over five years. Five-year ROI reaches 72.42% and total cumulative return in cash sums $99,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,653/mo property income rather than buyer’s personal income.
Condo
Built in 1911
N/A lot
$N/A/sqft
$577 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53202, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,098 (100%) |
| Owner Occupied HU | 3,286 (15.6%) |
| Renter Occupied HU | 15,553 (73.7%) |
| Vacant Housing Units | 2,259 (10.7%) |
| Median Home Value | $408,439 |
| Average Home Value | $483,427 |
Housing Distribution
Address Breakdown
Residential
19,997
Single Family
3,477
Multi-Family
16,520
Businesses
2,237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: On Point Realty Group* • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1921888
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved