1507 24th AVENUE UNIT 20KenoshaWI53140
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 Kenosha at 1507 24th AVENUE UNIT 20, Kenosha, WI, 53140 generates $1,478/mo in rent, after a $1,042/mo payment. Total monthly income is $1,478/mo. Return on cash invested sits at 15.22% in year one, and rental yield is 8.33% on a $212,900 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation builds toward $58,820 over five years. Five-year ROI reaches 80.44% and total cumulative return in cash sums $56,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,478/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53140, Kenosha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,213 (100%) |
| Owner Occupied HU | 5,904 (41.5%) |
| Renter Occupied HU | 7,313 (51.5%) |
| Vacant Housing Units | 996 ( 7.0%) |
| Median Home Value | $232,897 |
| Average Home Value | $282,582 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
10,290
Multi-Family
2,510
Businesses
701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Boyea • Quorum Enterprises, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1903247
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.