6548 North Bourbon 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
Rental property for sale in Milwaukee at 6548 North Bourbon STREET, Milwaukee, WI, 53224 generates $902/mo in rent, after a $562/mo payment. Total monthly income is $902/mo. Return on cash invested sits at 15.54% in year one, and rental yield is 9.42% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 83.27% and total cumulative return in cash sums $31,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $902/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$270 monthly 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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