8666 North 62nd STREETBrown DeerWI53223
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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 Brown Deer at 8666 North 62nd STREET, Brown Deer, WI, 53223 listed at $314,900 pairs $2,429/mo rent with a $1,541/mo payment to leave $316/mo cash flow. Total monthly income runs $2,429/mo, and annual cash flow reaches $3,791/yr on $104,389 cash to close. Return on cash invested measures 23.54% in year one, and rental yield registers 9.26% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 122.99% and total cumulative return in cash totals $128,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,429/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.35 Acres lot
$N/A/sqft
No 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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Listed by: Benjamin Mullikin • M3 Realty
Mls Name: WIREX MLS
Mls ID: #1925310