316 56th STREET #214KenoshaWI53140
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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 316 56th STREET #214, Kenosha, WI, 53140 earns $328/mo cash flow from $1,770/mo rent with a $1,052/mo payment. Total monthly income totals $1,770/mo, and annual cash flow totals $3,931/yr on $71,239 capital. ROI tracks 25.43% on current figures, and rental yield reads 9.88% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 133.13% and total cumulative return in cash sums $94,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,770/mo property income instead of your personal income.
Condo
Built in 2003
N/A 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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