606 West Wisconsin AVENUE UNIT 509MilwaukeeWI53203
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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 606 West Wisconsin AVENUE UNIT 509, Milwaukee, WI, 53203 earns $169/mo cash flow from $1,696/mo rent with a $905/mo payment. Total monthly income totals $1,696/mo, and annual cash flow totals $2,027/yr on $61,328 capital. ROI tracks 23.21% on current figures, and rental yield reads 11% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 123.26% and total cumulative return in cash sums $75,591. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
$286 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: Chezney Parker • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1908953
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.