1525 Owen AVENUERacineWI53403
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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 1525 Owen AVENUE, Racine, WI, 53403 with 5% annual appreciation on a $130,000 basis while $999/mo rent supports operations. Total monthly income totals $999/mo and a $636/mo payment preserves $115/mo for cash returns. Annual cash flow comes to $1,379/yr on $43,095 deployed, and return on cash invested reaches 23.11% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.22%. Five-year ROI measures 120.8% and total cumulative return in cash totals $52,059.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $999/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
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
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Listed by: Laura Bahena • Berkshire Hathaway HomeServices Metro Realty-Racine
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910270
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