3200 Stephan ROADRacineWI53402
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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 3200 Stephan ROAD, Racine, WI, 53402 listed at $389,000 pairs $2,678/mo rent with a $1,904/mo payment to leave $67/mo cash flow. Total monthly income runs $2,678/mo, and annual cash flow reaches $808/yr on $128,954 cash to close. Return on cash invested measures 20.54% in year one, and rental yield registers 8.26% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 106.91% and total cumulative return in cash totals $137,862. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,678/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53402, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,759 (100%) |
| Owner Occupied HU | 9,648 (65.4%) |
| Renter Occupied HU | 4,248 (28.8%) |
| Vacant Housing Units | 863 ( 5.8%) |
| Median Home Value | $263,919 |
| Average Home Value | $337,495 |
Housing Distribution
Address Breakdown
Residential
14,345
Single Family
12,540
Multi-Family
1,805
Businesses
454
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