1011 Arthur AVENUERacineWI53405
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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 Racine at 1011 Arthur AVENUE, Racine, WI, 53405 uses $59,604 cash to close to unlock $3,952/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $880/mo payment keeps the spread at $329/mo. Purchase price stands at $179,800, and rental yield measures 10.25% with $1,536/mo rent. Return on cash invested shows 26.54% in year one, and 5% annual appreciation builds toward $49,675 over five years. Five-year ROI reaches 139.14% and total cumulative return in cash records $82,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $880/mo payment rather than investor’s personal income.
Single Family
Built in 1919
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53405, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,872 (65.0%) |
| Renter Occupied HU | 3,200 (30.3%) |
| Vacant Housing Units | 496 ( 4.7%) |
| Median Home Value | $195,508 |
| Average Home Value | $291,686 |
Housing Distribution
Address Breakdown
Residential
10,658
Single Family
9,899
Multi-Family
759
Businesses
400
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