705 Brookview COURTRacineWI53402
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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 705 Brookview COURT, Racine, WI, 53402 offers a 5.66% rental yield on a $635,000 purchase with $2,995/mo rent. 69% in year one. Equity gained on principal adds $4,098/yr while 5% annual appreciation supports $175,439 over five years. Portfolio math shows five-year ROI at 64.82% and total cumulative return in cash at $135,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,995/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.40 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53402, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,759 (100%) |
| Owner Occupied HU | 9,648 (65.4%) |
| Renter Occupied HU | 4,248 (28.8%) |
| Vacant Housing Units | 863 ( 5.8%) |
| Median Home Value | $263,919 |
| Average Home Value | $337,495 |
Housing Distribution
Address Breakdown
Residential
14,345
Single Family
12,540
Multi-Family
1,805
Businesses
454
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Listed by: Paxton Friedrich • RE/MAX Newport
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913422
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.