8540 West Waterford AVENUE #5GreenfieldWI53228




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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 Greenfield at 8540 West Waterford AVENUE #5, Greenfield, WI, 53228 listed at $120,000 pairs $1,486/mo rent with a $587/mo payment to leave $431/mo cash flow. Total monthly income runs $1,486/mo, and annual cash flow reaches $5,172/yr on $39,780 cash to close. Return on cash invested measures 32.91% in year one, and rental yield registers 14.86% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 175.98% and total cumulative return in cash totals $70,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,486/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
$250 monthly 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: Tina Evens • RE/MAX Service First Lake Country
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1922290
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved







