306 12th STREETRacineWI53403
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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 Racine at 306 12th STREET, Racine, WI, 53403 earns $1,085/mo cash flow from $3,749/mo rent with a $1,943/mo payment. Total monthly income totals $3,749/mo, and annual cash flow totals $13,018/yr on $131,601 capital. ROI tracks 29.8% on current figures, and rental yield reads 11.33% at a $396,985 purchase. Equity gained on principal adds $2,562/yr, and 5% annual appreciation supports $109,680 over five years. Five-year ROI reaches 156.57% and total cumulative return in cash sums $206,045. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,749/mo property income instead of your personal income.
Single Family
Built in 1885
4,791 sqft 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: The Hupke Team* • RE/MAX Service First
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1886567
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.