3401 24th 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 3401 24th AVENUE, Kenosha, WI, 53140 uses $71,239 cash to close to unlock $655/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,497/mo, and a $1,052/mo payment keeps the spread at $55/mo. Purchase price stands at $214,900, and rental yield measures 8.36% with $1,497/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 108.49% and total cumulative return in cash records $77,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,497/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,534 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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Listed by: Felicia Pavlica Team* • RE/MAX ELITE
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912455
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.