4019 Wright AVENUERacineWI53405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4019 Wright AVENUE, Racine, WI, 53405 listed at $221,900 pairs $1,925/mo rent with a $1,086/mo payment to leave $436/mo cash flow. Total monthly income runs $1,925/mo, and annual cash flow reaches $5,231/yr on $73,560 cash to close. Return on cash invested measures 27.02% in year one, and rental yield registers 10.41% at a $221,900 basis. Equity gained on principal adds $1,432/yr, and annual property appreciation at 5% supports $61,307 by year five. Five-year ROI tracks 141.64% and total cumulative return in cash totals $104,192. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,925/mo property income relative to a $1,086/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53405, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,872 (65.0%) |
| Renter Occupied HU | 3,200 (30.3%) |
| Vacant Housing Units | 496 ( 4.7%) |
| Median Home Value | $195,508 |
| Average Home Value | $291,686 |
Housing Distribution
Address Breakdown
Residential
10,658
Single Family
9,899
Multi-Family
759
Businesses
400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices