6544 Biscayne AVENUERacineWI53406
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Racine rental at 6544 Biscayne AVENUE, Racine, WI, 53406 sits in the solid-income band: 8.75% gross yield, $2,345/mo rent, $272/mo net after the $2,091/mo debt service, DSCR 1.12. Entry price of $465,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $128,471 and $4,283/yr in principal reduction bring total cumulative return to $127,494.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.2% |
| Monthly Cash Flow | $272 | $450 |
City averages based on Racine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,345 |
| Total Monthly Debt Service | $2,936 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
0.26 Acres 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
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
Single Family
Built in 2014
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
