2419 19th STREET UNIT 2425RacineWI53403
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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
Total monthly income runs $1,230/mo, and a $3,670/mo payment. Purchase price stands at $749,900, and rental yield measures 1.97% with $1,230/mo rent. Return on cash invested shows 1.57% in year one, and 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 5.14% and total cumulative return in cash records $12,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $3,670/mo payment rather than investor’s personal income.
Multi Family
Built in 1947
0.32 Acres 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: Hany Kadadha • Epique Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913514
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