5028 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
Rental property for sale in Whitefish Bay at 5028 North Lake DRIVE, Whitefish Bay, WI, 53217 priced at $1,200,000 pairs $5,585/mo rent with after a $5,873/mo payment. Total monthly income equals $5,585/mo. Return on cash invested is 12.75% in year one, and rental yield stands at 5.58% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 65.06% and total cumulative return in cash reaches $252,959. For financing, Ziffy Mortgage’s DSCR program evaluates $5,585/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
9,147 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
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Listed by: Daria Aitken-Siegel • Mahler Sotheby's International Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909404
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.