5303 Byrd AVENUERacineWI53406
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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 5303 Byrd AVENUE, Racine, WI, 53406 uses $37,294 cash to close to unlock $1,627/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $891/mo, and a $551/mo payment keeps the spread at $136/mo. Purchase price stands at $112,500, and rental yield measures 9.5% with $891/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 126.95% and total cumulative return in cash records $47,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $891/mo property income covering a $551/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A 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 |
Housing Distribution
Address Breakdown
Residential
12,535
Single Family
10,627
Multi-Family
1,908
Businesses
790
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