4023 North 48th STREET #4023AMilwaukeeWI53216
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4023 North 48th STREET #4023A, Milwaukee, WI, 53216 in Milwaukee hard to pass up. The 12.71% gross yield on a $175,000 purchase results in $1,854/mo in rent and $680/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.36). Annual cash flow of $8,154, five-year appreciation of $48,349, and $1,612/yr in equity build-up combine for a projected total cumulative return of $110,541.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 7.2% |
| Monthly Cash Flow | $680 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,854 |
| Total Monthly Debt Service | $1,105 |
| DSCR Ratio | 1.68x |
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.
Multi Family
Built in 1947
4,791 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
Multi Family
Built in 1947
4,791 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