5224 North 56th STREETMilwaukeeWI53218
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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 5224 North 56th STREET, Milwaukee, WI, 53218 offers a 10.15% rental yield on a $192,900 purchase with $1,632/mo rent. Total monthly income registers $1,632/mo, and a $944/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,051/yr on $63,946 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $1,245/yr while 5% annual appreciation supports $53,295 over five years. Portfolio math shows five-year ROI at 137.51% and total cumulative return in cash at $87,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,632/mo property income against a $944/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53218, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,969 (100%) |
| Owner Occupied HU | 6,101 (40.8%) |
| Renter Occupied HU | 7,622 (50.9%) |
| Vacant Housing Units | 1,246 ( 8.3%) |
| Median Home Value | $124,695 |
| Average Home Value | $198,314 |
Housing Distribution
Address Breakdown
Residential
14,580
Single Family
12,485
Multi-Family
2,095
Businesses
741
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Listed by: Keith Nilsen • Nilsen Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895164
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.