940 North 60th STREETMilwaukeeWI53213
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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 940 North 60th STREET, Milwaukee, WI, 53213 earns $48/mo cash flow from $3,612/mo rent with a $2,599/mo payment. Total monthly income totals $3,612/mo, and annual cash flow totals $580/yr on $174,699 capital. ROI tracks 20.39% on current figures, and rental yield reads 8.16% at a $531,000 purchase. Equity gained on principal adds $3,426/yr, and 5% annual appreciation supports $146,706 over five years. Five-year ROI reaches 106.1% and total cumulative return in cash sums $185,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,612/mo property income instead of your personal income.
Single Family
Built in 1929
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53213, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,991 (100%) |
| Owner Occupied HU | 7,256 (55.9%) |
| Renter Occupied HU | 5,059 (38.9%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $363,530 |
| Average Home Value | $399,542 |
Housing Distribution
Address Breakdown
Residential
12,237
Single Family
9,881
Multi-Family
2,356
Businesses
720
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