605 Michigan AVENUESouth MilwaukeeWI53172
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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 South Milwaukee at 605 Michigan AVENUE, South Milwaukee, WI, 53172 with 5% annual appreciation on a $270,000 basis while $1,451/mo rent supports operations. 06% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 6.45%. Five-year ROI measures 77.56% and total cumulative return in cash totals $69,421. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,451/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1903
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53172, South Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,452 (100%) |
| Owner Occupied HU | 5,294 (56.0%) |
| Renter Occupied HU | 3,605 (38.1%) |
| Vacant Housing Units | 553 ( 5.9%) |
| Median Home Value | $256,543 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
9,048
Single Family
7,499
Multi-Family
1,549
Businesses
361
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Listed by: Stephen Law • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls ID: #1948077