West Allis, WI — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.5%

Below average

Monthly Cash Flow

-$677

After all expenses

Price-to-Rent

15.9

Overpriced for rent

DSCR

0.54

Fails

📊 Key Metrics

Median Home Price
$276,971
Average Rent (3BR)
$1,450/mo
Price-to-Rent Ratio
15.9(high)
1% Rule
0.52%(fails — need 1%+)
Cash-on-Cash Return
-12.7%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.5%(-0.8% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+0.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.61%

of assessed value (WI avg)

Median Income

$67,080

household (WI avg)

Rent-to-Income

25.9%

Affordable

Section 8 Max Rent

$1,450/mo

3BR voucher payment

🏛️ WI Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

1.61% effective

Population Trend

+0.6% (3yr)

🏘️ Best Zip Codes in West Allis for Investors

53214
Cap Rate: 3.7%Cash Flow: -$578/mo$259,740
53227
Cap Rate: 3.2%Cash Flow: -$777/mo$294,202

All Zip Codes in West Allis

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
532143.7%-$578$259,740$1,430/mo0.58
532273.2%-$777$294,202$1,470/mo0.50