2401 Hansen AVENUERacineWI53405
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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
Investment property for sale in Racine at 2401 Hansen AVENUE, Racine, WI, 53405 at $144,900 posts ROI 33.97% with $563/mo cash flow from $1,674/mo rent. Total monthly income equals $1,674/mo, and annual cash flow records $6,755/yr on $48,034 to close. Return on cash invested measures 33.97% and rental yield reads 13.86% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 180.2% and total cumulative return in cash totals $86,557.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,674/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
4,356 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
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Listed by: Michael Zacker • Cove Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910417
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.