5845 North Shoreland AVENUEWhitefish 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 5845 North Shoreland AVENUE, Whitefish Bay, WI, 53217 offers $3,205/mo rent that, after a $2,321/mo payment, leaves $23/mo cash flow. Total monthly income is $3,205/mo, and annual cash flow is $270/yr on $157,197 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.11% at a $474,200 entry. Equity gained on principal adds $3,060/yr while 5% annual appreciation compounds into $131,013 by year five. Five-year ROI records 104.45% and total cumulative return in cash reaches $164,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,205/mo property income versus a $2,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
4,791 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: John Molitor • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913179
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.