6420 North 106th STREETMilwaukeeWI53224
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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 6420 North 106th STREET, Milwaukee, WI, 53224 uses $66,234 cash to close to unlock $2,688/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $978/mo payment keeps the spread at $224/mo. Purchase price stands at $199,800, and rental yield measures 9.4% with $1,565/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $55,201 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash records $83,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1998
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53224, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 3,746 (43.7%) |
| Renter Occupied HU | 4,209 (49.1%) |
| Vacant Housing Units | 612 ( 7.1%) |
| Median Home Value | $236,924 |
| Average Home Value | $269,821 |
Housing Distribution
Address Breakdown
Residential
8,003
Single Family
5,715
Multi-Family
2,288
Businesses
645
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Listed by: The Roth Team* • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1900563
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.