902 Lake DRIVESouth MilwaukeeWI53172
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
Investment Highlights
Investment property for sale in South Milwaukee at 902 Lake DRIVE, South Milwaukee, WI, 53172 listed at $495,000 pairs $3,480/mo rent with a $2,423/mo payment to leave $158/mo cash flow. Total monthly income runs $3,480/mo, and annual cash flow reaches $1,893/yr on $164,093 cash to close. Return on cash invested measures 21.06% in year one, and rental yield registers 8.44% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 109.71% and total cumulative return in cash totals $180,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,480/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53172, South Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,452 (100%) |
| Owner Occupied HU | 5,294 (56.0%) |
| Renter Occupied HU | 3,605 (38.1%) |
| Vacant Housing Units | 553 ( 5.9%) |
| Median Home Value | $256,543 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
9,048
Single Family
7,499
Multi-Family
1,549
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Goodland Collection Group* • Keller Williams Realty-Milwaukee Southwest
Mls Name: WIREX MLS
Mls ID: #1944132