8576 North Servite DRIVE #8576MilwaukeeWI53223
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 8576 North Servite DRIVE #8576, Milwaukee, WI, 53223 in Milwaukee offers it: the 1.69 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.13%. Long-term, 5% appreciation is forecast to add $33,126, and $1,104/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $24,204.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $(368) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $912 |
| Total Monthly Debt Service | $1,232 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53223, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,319 (100%) |
| Owner Occupied HU | 6,805 (51.1%) |
| Renter Occupied HU | 5,646 (42.4%) |
| Vacant Housing Units | 868 ( 6.5%) |
| Median Home Value | $215,682 |
| Average Home Value | $232,488 |
Housing Distribution
Address Breakdown
Residential
12,788
Single Family
8,641
Multi-Family
4,147
Businesses
653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53223, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,319 (100%) |
| Owner Occupied HU | 6,805 (51.1%) |
| Renter Occupied HU | 5,646 (42.4%) |
| Vacant Housing Units | 868 ( 6.5%) |
| Median Home Value | $215,682 |
| Average Home Value | $232,488 |
Housing Distribution
Address Breakdown
Residential
12,788
Single Family
8,641
Multi-Family
4,147
Businesses
653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Horizon Homes Group* • Compass RE WI-Northshore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914971
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.