4611 North 38th STREET UNIT 4613MilwaukeeWI53209
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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 4611 North 38th STREET UNIT 4613, Milwaukee, WI, 53209 offers a 10.2% rental yield on a $179,900 purchase with $1,529/mo rent. Total monthly income registers $1,529/mo, and a $881/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,854/yr on $59,637 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 138.27% and total cumulative return in cash at $82,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,529/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53209, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,318 (100%) |
| Owner Occupied HU | 8,470 (41.7%) |
| Renter Occupied HU | 9,960 (49.0%) |
| Vacant Housing Units | 1,888 ( 9.3%) |
| Median Home Value | $206,310 |
| Average Home Value | $258,664 |
Housing Distribution
Address Breakdown
Residential
20,076
Single Family
15,052
Multi-Family
5,024
Businesses
1,190
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Listed by: Holly Speranza • Keller Williams-MNS Wauwatosa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1894637
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.