4800 North Bartlett AVENUE #4802MilwaukeeWI53217
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.61% gross rental yield, 4800 North Bartlett AVENUE #4802, Milwaukee, WI, 53217 in Milwaukee is priced for capital growth, not immediate cash flow. The $500,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $138,141 by year five, with $4,605/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.04) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $125,283.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 7.2% |
| Monthly Cash Flow | $(1,018) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,338 |
| Total Monthly Debt Service | $3,157 |
| DSCR Ratio | 0.74x |
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.
Multi Family
Built in 1923
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53217, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,021 (100%) |
| Owner Occupied HU | 9,272 (71.2%) |
| Renter Occupied HU | 2,890 (22.2%) |
| Vacant Housing Units | 859 ( 6.6%) |
| Median Home Value | $459,403 |
| Average Home Value | $548,083 |
Housing Distribution
Address Breakdown
Residential
12,898
Single Family
10,266
Multi-Family
2,632
Businesses
1,219
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 1923
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53217, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,021 (100%) |
| Owner Occupied HU | 9,272 (71.2%) |
| Renter Occupied HU | 2,890 (22.2%) |
| Vacant Housing Units | 859 ( 6.6%) |
| Median Home Value | $459,403 |
| Average Home Value | $548,083 |
Housing Distribution
Address Breakdown
Residential
12,898
Single Family
10,266
Multi-Family
2,632
Businesses
1,219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
