8580 North Servite DRIVEMilwaukeeWI53223
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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 8580 North Servite DRIVE, Milwaukee, WI, 53223 with 5% annual appreciation on a $150,000 basis while $1,493/mo rent supports operations. Total monthly income totals $1,493/mo and a $734/mo payment preserves $8/mo for cash returns. Annual cash flow comes to $90/yr on $49,725 deployed, and return on cash invested reaches 20.09% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 11.94%. Five-year ROI measures 108.71% and total cumulative return in cash totals $54,054.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,493/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
N/A lot
$N/A/sqft
$479 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
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