6021 North Milwaukee River PARKWAYGlendaleWI53209
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 Glendale at 6021 North Milwaukee River PARKWAY, Glendale, WI, 53209 offers a 8.84% rental yield on a $288,800 purchase with $2,128/mo rent. Total monthly income registers $2,128/mo, and a $1,414/mo payment leaves $189/mo available for distribution. Annual cash flow reaches $2,272/yr on $95,737 to close, and return on cash invested stands at 22.28% in year one. Equity gained on principal adds $1,864/yr while 5% annual appreciation supports $79,790 over five years. Portfolio math shows five-year ROI at 116.28% and total cumulative return in cash at $111,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,128/mo property income against a $1,414/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.53 Acres 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
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