5407 Byrd AVENUERacineWI53406
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 5407 Byrd AVENUE, Racine, WI, 53406 in Racine hard to pass up. The 13.96% gross yield on a $145,000 purchase results in $1,687/mo in rent and $714/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.59). Annual cash flow of $8,567, five-year appreciation of $40,061, and $1,335/yr in equity build-up combine for a projected total cumulative return of $101,266.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.2% |
| Monthly Cash Flow | $714 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,687 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.84x |
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.
Condo
Built in 1972
N/A 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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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
Condo
Built in 1972
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices