402 West Melvina STREETMilwaukeeWI53212
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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 Milwaukee at 402 West Melvina STREET, Milwaukee, WI, 53212 listed at $235,000 pairs $2,336/mo rent with a $1,150/mo payment to leave $759/mo cash flow. Total monthly income runs $2,336/mo, and annual cash flow reaches $9,109/yr on $77,903 cash to close. Return on cash invested measures 31.6% in year one, and rental yield registers 11.93% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 166.29% and total cumulative return in cash totals $129,544. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
3,484 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
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