1544 Flett AVENUERacineWI53405
Nearby investment properties with comparable rents
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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 1544 Flett AVENUE, Racine, WI, 53405 earns $180/mo cash flow from $1,327/mo rent with a $802/mo payment. Total monthly income totals $1,327/mo, and annual cash flow totals $2,155/yr on $54,315 capital. ROI tracks 23.88% on current figures, and rental yield reads 9.72% at a $163,847 purchase. Equity gained on principal adds $1,057/yr, and 5% annual appreciation supports $45,268 over five years. Five-year ROI reaches 125.22% and total cumulative return in cash sums $68,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,327/mo property income instead of your personal income.
Single Family
Built in 1912
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53405, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,872 (65.0%) |
| Renter Occupied HU | 3,200 (30.3%) |
| Vacant Housing Units | 496 ( 4.7%) |
| Median Home Value | $195,508 |
| Average Home Value | $291,686 |
Housing Distribution
Address Breakdown
Residential
10,658
Single Family
9,899
Multi-Family
759
Businesses
400
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