915 North 24th STREETMilwaukeeWI53233
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 915 North 24th STREET, Milwaukee, WI, 53233 in Milwaukee fits: $1,099,900, 1.67% gross yield, and a projected 5% annual appreciation rate adding $303,882 in value within five years. Rental yield 1.67%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.31) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $10,130/yr in principal paydown and $303,882 in appreciation project a total return of $42,938.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 7.2% |
| Monthly Cash Flow | $(5,853) | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,529 |
| Total Monthly Debt Service | $6,944 |
| DSCR Ratio | 0.22x |
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.
Multi Family
Built in 1923
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53233, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,525 (100%) |
| Owner Occupied HU | 233 ( 3.6%) |
| Renter Occupied HU | 5,614 (86.0%) |
| Vacant Housing Units | 678 (10.4%) |
| Median Home Value | $202,000 |
| Average Home Value | $312,640 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
1,133
Multi-Family
5,369
Businesses
452
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
Multi Family
Built in 1923
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53233, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,525 (100%) |
| Owner Occupied HU | 233 ( 3.6%) |
| Renter Occupied HU | 5,614 (86.0%) |
| Vacant Housing Units | 678 (10.4%) |
| Median Home Value | $202,000 |
| Average Home Value | $312,640 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
1,133
Multi-Family
5,369
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices