653 West Bruce STREETMilwaukeeWI53204
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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 653 West Bruce STREET, Milwaukee, WI, 53204 offers $1,416/mo rent that, after a $766/mo payment, leaves $366/mo cash flow. Total monthly income is $1,416/mo, and annual cash flow is $4,388/yr on $51,880 cash. Return on cash invested measures 28.37% in year one, and rental yield stands at 10.86% at a $156,500 entry. Equity gained on principal adds $1,010/yr while 5% annual appreciation compounds into $43,238 by year five. Five-year ROI records 148.93% and total cumulative return in cash reaches $77,263. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,416/mo property income versus a $766/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi 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
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Listed by: Andrew Lied • Venture Real Estate Group LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1880658
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.