Investment Snapshot

This Racine upper-level 2 bed / 1 bath unit at 1701 Edgewood Ave represents a straightforward cash-flow play in a stable, workforce-driven rental corridor. At a current advertised rent of $900/month, the asset targets gross scheduled income of roughly $10,800 annually, with water included and tenants responsible for heat and electric—helping keep ownership expenses predictable. Located in the Mount Pleasant area, the property benefits from strong local employment, proximity to shopping centers, parks, and healthcare, and easy access to Milwaukee and Chicago via I-94, which supports long-term rental demand.

Value & Upside

The unit’s private entrance and efficient 800 sq ft layout make it attractive to quality tenants who value privacy and simplicity. Strict screening standards (600+ credit, no recent evictions, income 3x rent, no pets, no smoking) help preserve asset performance and reduce churn, allowing an investor to focus on stable occupancy instead of constant turnover. With Racine and Mount Pleasant still offering relatively affordable housing compared to neighboring metros—and with nearby colleges, nature amenities, and Lake Michigan access—this property fits well in a buy-and-hold portfolio focused on dependable monthly income with measured appreciation over time.