4238 North 28th STREETMilwaukeeWI53216
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 4238 North 28th STREET, Milwaukee, WI, 53216 offers a 17.8% rental yield on a $120,000 purchase with $1,780/mo rent. Total monthly income registers $1,780/mo, and a $587/mo payment leaves $975/mo available for distribution. Annual cash flow reaches $11,700/yr on $39,780 to close, and return on cash invested stands at 49.32% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 261.25% and total cumulative return in cash at $103,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,780/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
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
Listed by: Rosemary Perez • Cherry Home Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895378
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.