830 North 23rd STREETMilwaukeeWI53233
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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 830 North 23rd STREET, Milwaukee, WI, 53233 generates $1,479/mo in rent and, after a $954/mo payment, leaves $171/mo in cash flow. Total monthly income is $1,479/mo, and annual cash flow is $2,049/yr on $64,643 invested. Return on cash invested sits at 23.08% in year one, and rental yield is 9.1% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 120.53% and total cumulative return in cash sums $77,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,479/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53233, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,525 (100%) |
| Owner Occupied HU | 233 ( 3.6%) |
| Renter Occupied HU | 5,614 (86.0%) |
| Vacant Housing Units | 678 (10.4%) |
| Median Home Value | $202,000 |
| Average Home Value | $312,640 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
1,133
Multi-Family
5,369
Businesses
452
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