5108 North 24th PLACEMilwaukeeWI53209
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
Investment Highlights
Investment property for sale in Milwaukee at 5108 North 24th PLACE, Milwaukee, WI, 53209 earns $637/mo cash flow from $1,375/mo rent with a $538/mo payment. Total monthly income totals $1,375/mo, and annual cash flow totals $7,646/yr on $36,465 capital. ROI tracks 40.88% on current figures, and rental yield reads 15% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 216.07% and total cumulative return in cash sums $78,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,375/mo property income instead of your personal income.
Single Family
Built in 1951
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheena White • RE/MAX Lakeside-North
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914453
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.