817 East Otjen STREETMilwaukeeWI53207
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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 817 East Otjen STREET, Milwaukee, WI, 53207 uses $98,621 cash to close to unlock $4,482/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,456/mo payment keeps the spread at $374/mo. Purchase price stands at $297,500, and rental yield measures 9.56% with $2,370/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $82,194 over five years. Five-year ROI reaches 127.93% and total cumulative return in cash records $126,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,456/mo payment rather than investor’s personal income.
Single Family
Built in 1919
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53207, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,359 (100%) |
| Owner Occupied HU | 9,492 (54.7%) |
| Renter Occupied HU | 6,760 (38.9%) |
| Vacant Housing Units | 1,107 ( 6.4%) |
| Median Home Value | $273,369 |
| Average Home Value | $313,898 |
Housing Distribution
Address Breakdown
Residential
16,787
Single Family
14,597
Multi-Family
2,190
Businesses
1,244
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