4625 North 24th PLACEMilwaukeeWI53209
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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 4625 North 24th PLACE, Milwaukee, WI, 53209 offers a 9.07% rental yield on a $164,900 purchase with $1,246/mo rent. Total monthly income registers $1,246/mo, and a $807/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,673/yr on $54,664 to close, and return on cash invested stands at 22.97% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 120% and total cumulative return in cash at $65,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,791 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: Clarissa Luhm • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1903326
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.