1203 North Sunnyslope DRIVE #101RacineWI53406
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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
Rental property for sale in Racine at 1203 North Sunnyslope DRIVE #101, Racine, WI, 53406 generates $1,504/mo in rent and, after a $778/mo payment, leaves $437/mo in cash flow. Total monthly income is $1,504/mo, and annual cash flow is $5,246/yr on $52,709 invested. Return on cash invested sits at 29.86% in year one, and rental yield is 11.35% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 157% and total cumulative return in cash sums $82,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,504/mo property income rather than buyer’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53406, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,581 (100%) |
| Owner Occupied HU | 8,258 (65.6%) |
| Renter Occupied HU | 3,828 (30.4%) |
| Vacant Housing Units | 495 ( 3.9%) |
| Median Home Value | $315,200 |
| Average Home Value | $338,626 |
Housing Distribution
Address Breakdown
Residential
12,535
Single Family
10,627
Multi-Family
1,908
Businesses
790
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