1742 Kremer AVENUERacineWI53402
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
Investment property for sale in Racine at 1742 Kremer AVENUE, Racine, WI, 53402 at $259,900 posts ROI 19.17% with from $1,691/mo rent. Total monthly income equals $1,691/mo. Return on cash invested measures 19.17% and rental yield reads 7.81% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 99.54% and total cumulative return in cash totals $85,762. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,691/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53402, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,759 (100%) |
| Owner Occupied HU | 9,648 (65.4%) |
| Renter Occupied HU | 4,248 (28.8%) |
| Vacant Housing Units | 863 ( 5.8%) |
| Median Home Value | $263,919 |
| Average Home Value | $337,495 |
Housing Distribution
Address Breakdown
Residential
14,345
Single Family
12,540
Multi-Family
1,805
Businesses
454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ladonna Redmond-Lott • Image Real Estate, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915652
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.