9509 West Melvina STREETMilwaukeeWI53222
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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 9509 West Melvina STREET, Milwaukee, WI, 53222 uses $82,842 cash to close to unlock $5,532/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $2,138/mo, and a $1,223/mo payment keeps the spread at $461/mo. Purchase price stands at $249,900, and rental yield measures 10.27% with $2,138/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 139.38% and total cumulative return in cash records $115,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,138/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1956
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53222, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,695 (100%) |
| Owner Occupied HU | 7,371 (63.0%) |
| Renter Occupied HU | 3,711 (31.7%) |
| Vacant Housing Units | 613 ( 5.2%) |
| Median Home Value | $226,162 |
| Average Home Value | $273,635 |
Housing Distribution
Address Breakdown
Residential
11,816
Single Family
9,814
Multi-Family
2,002
Businesses
733
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Listed by: Wendy Manzke • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895181
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.