2052 Thurston AVENUERacineWI53403
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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 2052 Thurston AVENUE, Racine, WI, 53403 priced at $205,000 pairs $1,379/mo rent with after a $1,003/mo payment. Total monthly income equals $1,379/mo. Return on cash invested is 19.6% in year one, and rental yield stands at 8.07% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 102.02% and total cumulative return in cash reaches $69,330. For financing, Ziffy Mortgage’s DSCR program evaluates $1,379/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
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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Listed by: Siali Johnson • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1899383
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.