651 West Bruce STREETMilwaukeeWI53204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 651 West Bruce STREET, Milwaukee, WI, 53204 offers a 10.21% rental yield on a $246,500 purchase with $2,098/mo rent. Total monthly income registers $2,098/mo, and a $1,206/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,330/yr on $81,715 to close, and return on cash invested stands at 26.43% in year one. Equity gained on principal adds $1,591/yr while 5% annual appreciation supports $68,103 over five years. Portfolio math shows five-year ROI at 138.54% and total cumulative return in cash at $113,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,098/mo property income against a $1,206/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53204, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,082 (100%) |
| Owner Occupied HU | 3,296 (20.5%) |
| Renter Occupied HU | 11,499 (71.5%) |
| Vacant Housing Units | 1,287 ( 8.0%) |
| Median Home Value | $126,422 |
| Average Home Value | $226,976 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
9,825
Multi-Family
3,675
Businesses
1,337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Lied • Venture Real Estate Group LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1880655
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.