2003 53rd STREETKenoshaWI53140
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
Rental property for sale in Kenosha at 2003 53rd STREET, Kenosha, WI, 53140 generates $1,877/mo in rent and, after a $1,223/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,877/mo, and annual cash flow is $2,400/yr on $82,842 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 9.01% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 119.13% and total cumulative return in cash sums $98,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,877/mo property income rather than buyer’s personal income.
Multi Family
Built in 1907
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53140, Kenosha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,213 (100%) |
| Owner Occupied HU | 5,904 (41.5%) |
| Renter Occupied HU | 7,313 (51.5%) |
| Vacant Housing Units | 996 ( 7.0%) |
| Median Home Value | $232,897 |
| Average Home Value | $282,582 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
10,290
Multi-Family
2,510
Businesses
701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices