3408 Oakwood DRIVE, Racine, WI, 53406 | $34/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Racine at 3408 Oakwood DRIVE, Racine, WI, 53406 uses $96,135 cash to close to unlock $412/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $1,999/mo, and a $1,419/mo payment keeps the spread at $34/mo. Purchase price stands at $290,000, and rental yield measures 8.27% with $1,999/mo rent. Return on cash invested shows 20.34% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 105.93% and total cumulative return in cash records $101,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,999/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Single Family

Built in 1978

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53406, Racine, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,581 (100%)
Owner Occupied HU	8,258 (65.6%)
Renter Occupied HU	3,828 (30.4%)
Vacant Housing Units	495 ( 3.9%)
Median Home Value	$315,200
Average Home Value	$338,626