4853 North Lake DRIVEWhitefish BayWI53217
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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 Whitefish Bay at 4853 North Lake DRIVE, Whitefish Bay, WI, 53217 listed at $1,650,000 pairs $6,479/mo rent with a $8,076/mo payment. Total monthly income runs $6,479/mo. Return on cash invested measures 10.06% in year one, and rental yield registers 4.71% at a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and annual property appreciation at 5% supports $455,865 by year five. Five-year ROI tracks 50.61% and total cumulative return in cash totals $270,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,479/mo property income relative to a $8,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
0.25 Acres 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
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Listed by: Kristin Altendorf • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls ID: #1929675