9 Sandalwood 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
Rental property for sale in Racine at 9 Sandalwood COURT, Racine, WI, 53402 priced at $469,000 converts $4,026/mo rent into $878/mo cash flow after a $2,296/mo obligation. Total monthly income equals $4,026/mo, and annual cash flow totals $10,536/yr on $155,474 invested. Return on cash invested prints 26.69% in year one, and rental yield reads 10.3% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 139.86% and total cumulative return in cash sums $217,447. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,026/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.41 Acres lot
$N/A/sqft
No 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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