1218 Kenilworth AVENUEMount PleasantWI53403
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
Investment Highlights
Rental property for sale in Mount Pleasant at 1218 Kenilworth AVENUE, Mount Pleasant, WI, 53403 generates $2,298/mo in rent and, after a $1,295/mo payment, leaves $522/mo in cash flow. Total monthly income is $2,298/mo, and annual cash flow is $6,270/yr on $87,682 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 10.43% on a $264,500 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation builds toward $73,076 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash sums $124,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,298/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53403, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,449 (100%) |
| Owner Occupied HU | 6,123 (49.2%) |
| Renter Occupied HU | 5,171 (41.5%) |
| Vacant Housing Units | 1,155 ( 9.3%) |
| Median Home Value | $208,046 |
| Average Home Value | $280,532 |
Housing Distribution
Address Breakdown
Residential
11,459
Single Family
9,628
Multi-Family
1,831
Businesses
899
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Flores • Berkshire Hathaway Home Services Epic Real Estate
Mls Name: WIREX MLS
Mls ID: #1933743