6229 West Main STREETMilwaukeeWI53214
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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 6229 West Main STREET, Milwaukee, WI, 53214 offers a 7.42% rental yield on a $267,633 purchase with $1,655/mo rent. Equity gained on principal adds $1,727/yr while 5% annual appreciation supports $73,942 over five years. Portfolio math shows five-year ROI at 93.29% and total cumulative return in cash at $82,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,655/mo property income against a $1,310/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1967
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53214, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,348 (100%) |
| Owner Occupied HU | 8,055 (46.4%) |
| Renter Occupied HU | 8,197 (47.3%) |
| Vacant Housing Units | 1,096 ( 6.3%) |
| Median Home Value | $209,601 |
| Average Home Value | $265,944 |
Housing Distribution
Address Breakdown
Residential
16,411
Single Family
13,034
Multi-Family
3,377
Businesses
1,311
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