7230 West Lakefield DRIVEMilwaukeeWI53219
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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 7230 West Lakefield DRIVE, Milwaukee, WI, 53219 priced at $525,000 converts $3,192/mo rent into after a $2,570/mo obligation. Total monthly income equals $3,192/mo. Return on cash invested prints 17.76% in year one, and rental yield reads 7.3% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 91.97% and total cumulative return in cash sums $158,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,192/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Multi Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53219, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 9,424 (59.1%) |
| Renter Occupied HU | 5,795 (36.3%) |
| Vacant Housing Units | 730 ( 4.6%) |
| Median Home Value | $221,317 |
| Average Home Value | $267,417 |
Housing Distribution
Address Breakdown
Residential
15,485
Single Family
12,753
Multi-Family
2,732
Businesses
627
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Listed by: Kollin Ruiz • BOLD REALTY
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912058
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.