4006 North 41st STREET #4008MilwaukeeWI53216
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
Investment property for sale in Milwaukee at 4006 North 41st STREET #4008, Milwaukee, WI, 53216 uses $61,825 cash to close to unlock $9,746/yr annual cash flow and $812/mo monthly cash flow. Total monthly income runs $2,064/mo, and a $913/mo payment keeps the spread at $812/mo. Purchase price stands at $186,500, and rental yield measures 13.28% with $2,064/mo rent. Return on cash invested shows 35.67% in year one, and 5% annual appreciation builds toward $51,527 over five years. Five-year ROI reaches 188.11% and total cumulative return in cash records $116,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,064/mo property income covering a $913/mo payment rather than investor’s personal income.
Multi Family
Built in 1942
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