8117 West Manitoba STREET #16West AllisWI53219
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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 West Allis at 8117 West Manitoba STREET #16, West Allis, WI, 53219 earns $184/mo cash flow from $1,190/mo rent with a $734/mo payment. Total monthly income totals $1,190/mo, and annual cash flow totals $2,202/yr on $49,725 capital. ROI tracks 24.34% on current figures, and rental yield reads 9.52% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 127.34% and total cumulative return in cash sums $63,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,190/mo property income instead of your personal income.
Condo
Built in 1972
N/A 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: Gabriella Clemens • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls ID: #1944247