2610 Douglas AVENUE, Racine, WI, 53402 | $174/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Racine at 2610 Douglas AVENUE, Racine, WI, 53402 offers a 8.97% rental yield on a $229,000 purchase with $1,711/mo rent. Total monthly income registers $1,711/mo, and a $1,121/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,088/yr on $75,914 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 118.26% and total cumulative return in cash at $89,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,711/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1918

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53402, Racine, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,759 (100%)
Owner Occupied HU	9,648 (65.4%)
Renter Occupied HU	4,248 (28.8%)
Vacant Housing Units	863 ( 5.8%)
Median Home Value	$263,919
Average Home Value	$337,495