606 West Wisconsin AVENUE UNIT 410MilwaukeeWI53203
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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 Milwaukee at 606 West Wisconsin AVENUE UNIT 410, Milwaukee, WI, 53203 generates $1,050/mo in rent, after a $673/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 17.2% in year one, and rental yield is 9.16% on a $137,500 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 91.31% and total cumulative return in cash sums $41,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Condo
Built in 1930
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53203, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 141 ( 8.1%) |
| Renter Occupied HU | 1,339 (77.3%) |
| Vacant Housing Units | 252 (14.5%) |
| Median Home Value | $480,882 |
| Average Home Value | $483,599 |
Housing Distribution
Address Breakdown
Residential
1,887
Single Family
291
Multi-Family
1,596
Businesses
670
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Listed by: Jamie Coulter • Homestead Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909788
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.