6151 West Howard AVENUE #32GreenfieldWI53220
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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 6151 West Howard AVENUE #32, Greenfield, WI, 53220 generates $1,315/mo in rent and, after a $602/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,315/mo, and annual cash flow is $2,971/yr on $40,775 invested. Return on cash invested sits at 27.19% in year one, and rental yield is 12.83% on a $123,000 entry. Equity gained on principal adds $794/yr, while 5% annual appreciation builds toward $33,983 over five years. Five-year ROI reaches 145.24% and total cumulative return in cash sums $59,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,315/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$242 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53220, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,712 (100%) |
| Owner Occupied HU | 6,551 (55.9%) |
| Renter Occupied HU | 4,829 (41.2%) |
| Vacant Housing Units | 332 ( 2.8%) |
| Median Home Value | $250,571 |
| Average Home Value | $269,226 |
Housing Distribution
Address Breakdown
Residential
12,037
Single Family
7,889
Multi-Family
4,148
Businesses
652
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Listed by: Betsy Dandridge • Ogden & Company, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1937971
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