9806 West Morgan AVENUEMilwaukeeWI53228
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow9806 West Morgan AVENUE, Milwaukee, WI, 53228 in Milwaukee is a solid income-producing rental, 11.46% gross yield, $1,909/mo rent, $218/mo net cash flow on a $199,900 buy. DSCR 2.12 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $55,229 and $1,841/yr in principal reduction project a total cumulative return of $112,778.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $218 | $3,200 |
City averages based on Milwaukee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,909 |
| Total Monthly Debt Service | $1,262 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53228, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,088 (100%) |
| Owner Occupied HU | 3,756 (53.0%) |
| Renter Occupied HU | 2,997 (42.3%) |
| Vacant Housing Units | 335 ( 4.7%) |
| Median Home Value | $313,252 |
| Average Home Value | $328,243 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
5,333
Multi-Family
2,103
Businesses
284
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
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53228, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,088 (100%) |
| Owner Occupied HU | 3,756 (53.0%) |
| Renter Occupied HU | 2,997 (42.3%) |
| Vacant Housing Units | 335 ( 4.7%) |
| Median Home Value | $313,252 |
| Average Home Value | $328,243 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
5,333
Multi-Family
2,103
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices