1626 Thurston AVENUERacineWI53405
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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 1626 Thurston AVENUE, Racine, WI, 53405 generates $1,305/mo in rent and, after a $905/mo payment, leaves $64/mo in cash flow. Total monthly income is $1,305/mo, and annual cash flow is $769/yr on $61,294 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.47% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash sums $67,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,791 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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