2511 61st STREETKenoshaWI53143
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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 Kenosha at 2511 61st STREET, Kenosha, WI, 53143 offers a 18.21% rental yield on a $142,800 purchase with $2,167/mo rent. Total monthly income registers $2,167/mo, and a $699/mo payment leaves $1,209/mo available for distribution. Annual cash flow reaches $14,503/yr on $47,338 to close, and return on cash invested stands at 50.55% in year one. Equity gained on principal adds $921/yr while 5% annual appreciation supports $39,453 over five years. Portfolio math shows five-year ROI at 267.87% and total cumulative return in cash at $126,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,167/mo property income against a $699/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53143, Kenosha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,773 (100%) |
| Owner Occupied HU | 5,279 (54.0%) |
| Renter Occupied HU | 3,860 (39.5%) |
| Vacant Housing Units | 634 ( 6.5%) |
| Median Home Value | $211,608 |
| Average Home Value | $290,707 |
Housing Distribution
Address Breakdown
Residential
8,928
Single Family
7,859
Multi-Family
1,069
Businesses
438
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