7618 West Howard AVENUEMilwaukeeWI53220
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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 7618 West Howard AVENUE, Milwaukee, WI, 53220 offers a 3.36% rental yield on a $524,900 purchase with $1,468/mo rent. 78% in year one. Equity gained on principal adds $3,387/yr while 5% annual appreciation supports $145,020 over five years. Portfolio math shows five-year ROI at 27.77% and total cumulative return in cash at $47,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,468/mo property income against a $2,569/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1959
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53220, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,712 (100%) |
| Owner Occupied HU | 6,551 (55.9%) |
| Renter Occupied HU | 4,829 (41.2%) |
| Vacant Housing Units | 332 ( 2.8%) |
| Median Home Value | $250,571 |
| Average Home Value | $269,226 |
Housing Distribution
Address Breakdown
Residential
12,037
Single Family
7,889
Multi-Family
4,148
Businesses
652
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Listed by: Medina Real Estate Team* • Keller Williams Realty-Milwaukee Southwest
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909187
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.