4515 West Westchester SQUAREMilwaukeeWI53214
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSteady, low-maintenance, and fundable: 4515 West Westchester SQUARE, Milwaukee, WI, 53214 in Milwaukee at $192,500. Rental yield 9.63%. The 9.63% yield and 1.45 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $53,184 by year five, and $1,773/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $54,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.2% |
| Monthly Cash Flow | $(12) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,254 |
| Total Monthly Debt Service | $1,490 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1986
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53214, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,348 (100%) |
| Owner Occupied HU | 8,055 (46.4%) |
| Renter Occupied HU | 8,197 (47.3%) |
| Vacant Housing Units | 1,096 ( 6.3%) |
| Median Home Value | $209,601 |
| Average Home Value | $265,944 |
Housing Distribution
Address Breakdown
Residential
16,411
Single Family
13,034
Multi-Family
3,377
Businesses
1,311
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
Condo
Built in 1986
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53214, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,348 (100%) |
| Owner Occupied HU | 8,055 (46.4%) |
| Renter Occupied HU | 8,197 (47.3%) |
| Vacant Housing Units | 1,096 ( 6.3%) |
| Median Home Value | $209,601 |
| Average Home Value | $265,944 |
Housing Distribution
Address Breakdown
Residential
16,411
Single Family
13,034
Multi-Family
3,377
Businesses
1,311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Nemeth • Keller Williams Realty-Milwaukee Southwest
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1916995
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved