831 East Morgan AVENUEMilwaukeeWI53207
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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 831 East Morgan AVENUE, Milwaukee, WI, 53207 listed at $319,900 pairs $2,456/mo rent with a $1,566/mo payment to leave $309/mo cash flow. Total monthly income runs $2,456/mo, and annual cash flow reaches $3,706/yr on $106,047 cash to close. Return on cash invested measures 23.4% in year one, and rental yield registers 9.21% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 122.26% and total cumulative return in cash totals $129,656. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,456/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5,662 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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Listed by: Shelly Budde • Cream City Real Estate Co
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912107
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.