2021 Center STREETRacineWI53403
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 Racine at 2021 Center STREET, Racine, WI, 53403 priced at $174,000 pairs $1,333/mo rent with $131/mo cash flow after a $852/mo payment. Total monthly income equals $1,333/mo, and annual cash flow comes to $1,566/yr on $57,681 invested. Return on cash invested is 22.62% in year one, and rental yield stands at 9.19% on a $174,000 basis. Equity gained on principal adds $1,123/yr, and 5% annual appreciation accumulates to $48,073 by year five. Five-year ROI measures 118.4% and total cumulative return in cash reaches $68,297. For financing, Ziffy Mortgage’s DSCR program evaluates $1,333/mo property income against a $852/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53403, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,449 (100%) |
| Owner Occupied HU | 6,123 (49.2%) |
| Renter Occupied HU | 5,171 (41.5%) |
| Vacant Housing Units | 1,155 ( 9.3%) |
| Median Home Value | $208,046 |
| Average Home Value | $280,532 |
Housing Distribution
Address Breakdown
Residential
11,459
Single Family
9,628
Multi-Family
1,831
Businesses
899
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