2909 23rd AVENUEKenoshaWI53140
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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 2909 23rd AVENUE, Kenosha, WI, 53140 listed at $237,500 pairs $2,720/mo rent with a $1,162/mo payment to leave $1,127/mo cash flow. Total monthly income runs $2,720/mo, and annual cash flow reaches $13,518/yr on $78,731 cash to close. Return on cash invested measures 37.08% in year one, and rental yield registers 13.74% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 195.62% and total cumulative return in cash totals $154,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,720/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53140, Kenosha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,213 (100%) |
| Owner Occupied HU | 5,904 (41.5%) |
| Renter Occupied HU | 7,313 (51.5%) |
| Vacant Housing Units | 996 ( 7.0%) |
| Median Home Value | $232,897 |
| Average Home Value | $282,582 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
10,290
Multi-Family
2,510
Businesses
701
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