1123 Montclair DRIVERacineWI53402
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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 1123 Montclair DRIVE, Racine, WI, 53402 earns $747/mo cash flow from $2,408/mo rent with a $1,211/mo payment. Total monthly income totals $2,408/mo, and annual cash flow totals $8,968/yr on $82,046 capital. ROI tracks 30.84% on current figures, and rental yield reads 11.68% at a $247,500 purchase. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 over five years. Five-year ROI reaches 162.18% and total cumulative return in cash sums $133,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,408/mo property income instead of your personal income.
Single Family
Built in 1959
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53402, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,759 (100%) |
| Owner Occupied HU | 9,648 (65.4%) |
| Renter Occupied HU | 4,248 (28.8%) |
| Vacant Housing Units | 863 ( 5.8%) |
| Median Home Value | $263,919 |
| Average Home Value | $337,495 |
Housing Distribution
Address Breakdown
Residential
14,345
Single Family
12,540
Multi-Family
1,805
Businesses
454
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