Five Mile Road And Waters Edge #KJIQXJ, Racine, WI, 53402 | 7.78% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Racine at Five Mile Road And Waters Edge #KJIQXJ, Racine, WI, 53402 listed at $588,400 pairs $3,815/mo rent with a $2,880/mo payment. Total monthly income runs $3,815/mo. Return on cash invested measures 19.23% in year one, and rental yield registers 7.78% at a $588,400 basis. Equity gained on principal adds $3,797/yr, and annual property appreciation at 5% supports $162,564 by year five. Five-year ROI tracks 99.89% and total cumulative return in cash totals $193,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,815/mo property income relative to a $2,880/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Home Type Unknown

Built in N/A

N/A 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