6556 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
Investment property for sale in Milwaukee at 6556 North Bourbon STREET, Milwaukee, WI, 53224 offers a 15.17% rental yield on a $125,000 purchase with $1,580/mo rent. Total monthly income registers $1,580/mo, and a $612/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,651/yr on $41,438 to close, and return on cash invested stands at 33.55% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 179.5% and total cumulative return in cash at $74,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,580/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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