6129 South 38th STREETGreenfieldWI53221
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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 Greenfield at 6129 South 38th STREET, Greenfield, WI, 53221 generates $1,903/mo in rent, after a $1,946/mo payment. Total monthly income is $1,903/mo. Return on cash invested sits at 12.94% in year one, and rental yield is 5.74% on a $397,500 entry. Equity gained on principal adds $2,565/yr, while 5% annual appreciation builds toward $109,822 over five years. Five-year ROI reaches 66.17% and total cumulative return in cash sums $87,191. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53221, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 9,532 (58.1%) |
| Renter Occupied HU | 6,038 (36.8%) |
| Vacant Housing Units | 842 ( 5.1%) |
| Median Home Value | $260,377 |
| Average Home Value | $296,436 |
Housing Distribution
Address Breakdown
Residential
16,135
Single Family
11,778
Multi-Family
4,357
Businesses
761
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Listed by: Kathryn O'Keefe • Dream Realty LLC
Mls Name: WIREX MLS
Mls ID: #1930946