8042 West Herbert AVENUEMilwaukeeWI53218
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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 8042 West Herbert AVENUE, Milwaukee, WI, 53218 uses $66,300 cash to close to unlock $6,140/yr annual cash flow and $512/mo monthly cash flow. Total monthly income runs $1,854/mo, and a $979/mo payment keeps the spread at $512/mo. Purchase price stands at $200,000, and rental yield measures 11.12% with $1,854/mo rent. Return on cash invested shows 29.17% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 153.22% and total cumulative return in cash records $101,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,854/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53218, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,969 (100%) |
| Owner Occupied HU | 6,101 (40.8%) |
| Renter Occupied HU | 7,622 (50.9%) |
| Vacant Housing Units | 1,246 ( 8.3%) |
| Median Home Value | $124,695 |
| Average Home Value | $198,314 |
Housing Distribution
Address Breakdown
Residential
14,580
Single Family
12,485
Multi-Family
2,095
Businesses
741
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