642 Sheridan ROADRacineWI53403
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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
Rental property for sale in Racine at 642 Sheridan ROAD, Racine, WI, 53403 priced at $439,900 pairs $2,712/mo rent with after a $2,153/mo payment. Total monthly income equals $2,712/mo. Return on cash invested is 17.93% in year one, and rental yield stands at 7.4% on a $439,900 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,536 by year five. Five-year ROI measures 92.92% and total cumulative return in cash reaches $135,507. For financing, Ziffy Mortgage’s DSCR program evaluates $2,712/mo property income against a $2,153/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.37 Acres 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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