1720 West Lawn 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
Investment property for sale in Racine at 1720 West Lawn AVENUE, Racine, WI, 53405 listed at $250,000 pairs $1,763/mo rent with a $1,224/mo payment to leave $85/mo cash flow. Total monthly income runs $1,763/mo, and annual cash flow reaches $1,018/yr on $82,875 cash to close. Return on cash invested measures 21.14% in year one, and rental yield registers 8.46% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 110.13% and total cumulative return in cash totals $91,270. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,763/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
6,534 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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Listed by: Charlene Nikolai • Cove Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911843
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