6922 16th AVENUEKenoshaWI53143
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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 Kenosha at 6922 16th AVENUE, Kenosha, WI, 53143 generates $2,185/mo in rent and, after a $1,101/mo payment, leaves $675/mo in cash flow. Total monthly income is $2,185/mo, and annual cash flow is $8,105/yr on $74,554 invested. Return on cash invested sits at 30.78% in year one, and rental yield is 11.66% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 161.86% and total cumulative return in cash sums $120,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,185/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53143, Kenosha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,773 (100%) |
| Owner Occupied HU | 5,279 (54.0%) |
| Renter Occupied HU | 3,860 (39.5%) |
| Vacant Housing Units | 634 ( 6.5%) |
| Median Home Value | $211,608 |
| Average Home Value | $290,707 |
Housing Distribution
Address Breakdown
Residential
8,928
Single Family
7,859
Multi-Family
1,069
Businesses
438
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Listed by: Adam Kohlmeier • Welcome Home Real Estate Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1917090
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.