3818 Cheyenne COURT UNIT GRacineWI53404
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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 3818 Cheyenne COURT UNIT G, Racine, WI, 53404 listed at $164,900 pairs $1,612/mo rent with a $807/mo payment to leave $255/mo cash flow. Total monthly income runs $1,612/mo, and annual cash flow reaches $3,065/yr on $54,664 cash to close. Return on cash invested measures 25.52% in year one, and rental yield registers 11.73% at a $164,900 basis. Equity gained on principal adds $1,064/yr, and annual property appreciation at 5% supports $45,559 by year five. Five-year ROI tracks 135.63% and total cumulative return in cash totals $74,140. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,612/mo property income relative to a $807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53404, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,274 (100%) |
| Owner Occupied HU | 2,808 (44.8%) |
| Renter Occupied HU | 2,974 (47.4%) |
| Vacant Housing Units | 492 ( 7.8%) |
| Median Home Value | $178,146 |
| Average Home Value | $203,951 |
Housing Distribution
Address Breakdown
Residential
5,990
Single Family
5,078
Multi-Family
912
Businesses
502
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Listed by: Andra Sylejmani • Coldwell Banker Real Estate One
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1893627
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.