2724 Chapel LANERacineWI53406
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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
Rental property for sale in Racine at 2724 Chapel LANE, Racine, WI, 53406 priced at $439,900 pairs $2,136/mo rent with after a $2,153/mo payment. Total monthly income equals $2,136/mo. Return on cash invested is 13.19% in year one, and rental yield stands at 5.83% on a $439,900 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,536 by year five. Five-year ROI measures 67.5% and total cumulative return in cash reaches $98,439. For financing, Ziffy Mortgage’s DSCR program evaluates $2,136/mo property income against a $2,153/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53406, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,581 (100%) |
| Owner Occupied HU | 8,258 (65.6%) |
| Renter Occupied HU | 3,828 (30.4%) |
| Vacant Housing Units | 495 ( 3.9%) |
| Median Home Value | $315,200 |
| Average Home Value | $338,626 |
Housing Distribution
Address Breakdown
Residential
12,535
Single Family
10,627
Multi-Family
1,908
Businesses
790
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Listed by: Rottino Kuiper Real Estate Team* • Keller Williams-MNS Wauwatosa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914852
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.