35 Harborview DRIVE #314RacineWI53403
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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 35 Harborview DRIVE #314, Racine, WI, 53403 earns $367/mo cash flow from $1,793/mo rent with a $1,040/mo payment. Total monthly income totals $1,793/mo, and annual cash flow totals $4,404/yr on $70,443 capital. ROI tracks 26.16% on current figures, and rental yield reads 10.13% at a $212,499 purchase. Equity gained on principal adds $1,371/yr, and 5% annual appreciation supports $58,710 over five years. Five-year ROI reaches 137.06% and total cumulative return in cash sums $96,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,793/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53403, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,449 (100%) |
| Owner Occupied HU | 6,123 (49.2%) |
| Renter Occupied HU | 5,171 (41.5%) |
| Vacant Housing Units | 1,155 ( 9.3%) |
| Median Home Value | $208,046 |
| Average Home Value | $280,532 |
Housing Distribution
Address Breakdown
Residential
11,459
Single Family
9,628
Multi-Family
1,831
Businesses
899
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