8343 Ashley LANERacineWI53406
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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 8343 Ashley LANE, Racine, WI, 53406 with 5% annual appreciation on a $610,000 basis while $2,857/mo rent supports operations. 66% in year one. Equity gained on principal adds $3,936/yr, and five-year appreciation sums $168,532 alongside rental yield of 5.62%. Five-year ROI measures 64.63% and total cumulative return in cash totals $129,715. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,857/mo property income versus a $2,986/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
0.42 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
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Listed by: Jim Theroux • Century 21 Affiliated-Wauwatosa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913613
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.