7403 23rd 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
Investment property for sale in Kenosha at 7403 23rd AVENUE, Kenosha, WI, 53143 uses $82,842 cash to close to unlock $9,240/yr annual cash flow and $770/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $1,223/mo payment keeps the spread at $770/mo. Purchase price stands at $249,900, and rental yield measures 11.75% with $2,447/mo rent. Return on cash invested shows 31.06% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 163.4% and total cumulative return in cash records $135,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1942
5,227 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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