7824 18th AVENUEKenoshaWI53143
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7824 18th AVENUE, Kenosha, WI, 53143 in Kenosha at $349,500 earns $2,470/mo in rent and nets $95/mo after the $1,572/mo payment, a 8.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $96,560 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $3,219/yr in principal paydown, total projected return reaches $141,347.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.2% |
| Monthly Cash Flow | $95 | $850 |
City averages based on Kenosha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,470 |
| Total Monthly Debt Service | $2,207 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1951
6,098 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
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 1951
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margaret Jacobson • MAJ Real Estate LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913719
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.