318 59th PLACEKenoshaWI53140
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 318 59th PLACE, Kenosha, WI, 53140 in Kenosha speaks for itself: 14.6% gross on a $155,000 price, generating $1,885/mo in rent and $845/mo in net income after the $697/mo debt service. DSCR 2.70, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,140 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $113,514.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 4.2% |
| Monthly Cash Flow | $845 | $850 |
City averages based on Kenosha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,885 |
| Total Monthly Debt Service | $979 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1890
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
