2221 Rupert BOULEVARDRacineWI53405
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2221 Rupert BOULEVARD, Racine, WI, 53405 in Racine is a solid income-producing rental, 9.33% gross yield, $1,292/mo rent, $207/mo net cash flow on a $195,000 buy. DSCR 1.47 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $53,875 and $1,796/yr in principal reduction project a total cumulative return of $73,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $207 | $450 |
City averages based on Racine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,292 |
| Total Monthly Debt Service | $1,231 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1922
7,840 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
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
Single Family
Built in 1922
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Dial • Image Real Estate, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914049
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.