6512 West Dodge PLACEMilwaukeeWI53220
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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 Milwaukee at 6512 West Dodge PLACE, Milwaukee, WI, 53220 generates $1,940/mo in rent and, after a $1,077/mo payment, leaves $163/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $1,960/yr on $72,930 invested. Return on cash invested sits at 22.6% in year one, and rental yield is 10.58% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 119.77% and total cumulative return in cash sums $87,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$300 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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