709 Edgewood AVENUESouth MilwaukeeWI53172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Milwaukee at 709 Edgewood AVENUE, South Milwaukee, WI, 53172 priced at $264,900 converts $2,069/mo rent into $291/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,069/mo, and annual cash flow totals $3,489/yr on $87,814 invested. Return on cash invested prints 23.88% in year one, and rental yield reads 9.37% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 124.83% and total cumulative return in cash sums $109,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,069/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53172, South Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,452 (100%) |
| Owner Occupied HU | 5,294 (56.0%) |
| Renter Occupied HU | 3,605 (38.1%) |
| Vacant Housing Units | 553 ( 5.9%) |
| Median Home Value | $256,543 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
9,048
Single Family
7,499
Multi-Family
1,549
Businesses
361
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Listed by: Kristel Sikora • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1931918