6907 Harvey AVENUEWauwatosaWI53213
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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 Wauwatosa at 6907 Harvey AVENUE, Wauwatosa, WI, 53213 offers $2,701/mo rent that, after a $1,679/mo payment, leaves $399/mo cash flow. Total monthly income is $2,701/mo, and annual cash flow is $4,787/yr on $113,705 cash. Return on cash invested measures 24.12% in year one, and rental yield stands at 9.45% at a $343,000 entry. Equity gained on principal adds $2,213/yr while 5% annual appreciation compounds into $94,765 by year five. Five-year ROI records 126.1% and total cumulative return in cash reaches $143,376. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,701/mo property income versus a $1,679/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53213, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,991 (100%) |
| Owner Occupied HU | 7,256 (55.9%) |
| Renter Occupied HU | 5,059 (38.9%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $363,530 |
| Average Home Value | $399,542 |
Housing Distribution
Address Breakdown
Residential
12,237
Single Family
9,881
Multi-Family
2,356
Businesses
720
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Listed by: Trisha Vinz • RE/MAX Platinum
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1905641
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.