8515 West Waterford AVENUE #1GreenfieldWI53228
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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 Greenfield at 8515 West Waterford AVENUE #1, Greenfield, WI, 53228 generates $1,003/mo in rent and, after a $611/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,003/mo, and annual cash flow is $1,981/yr on $41,404 invested. Return on cash invested sits at 24.69% in year one, and rental yield is 9.64% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 129.28% and total cumulative return in cash sums $53,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,003/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53228, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,088 (100%) |
| Owner Occupied HU | 3,756 (53.0%) |
| Renter Occupied HU | 2,997 (42.3%) |
| Vacant Housing Units | 335 ( 4.7%) |
| Median Home Value | $313,252 |
| Average Home Value | $328,243 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
5,333
Multi-Family
2,103
Businesses
284
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Listed by: Jessica Chirafisi • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls ID: #1925341