2615 Bate St, Racine, WI 53403

3 bd · 2 ba · 1,600 sqft · built 1928 · Racine · SINGLE_FAMILY·source listing ↗

$50,000

rent, three ways

OnePercent model (vv1)$2,842/mo

point estimate — add comps for a band

HUD Fair Market Rent · 53403 · 3BR$1,750/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Racine

Flood risk indexRelatively Moderate FEMA NRI

Median household income$59,820

Median area rent$1,075/mo

Median home value$176,000

the verdict

5.68%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$50,000

5.68% · rent $2,842

Intrinsic value · income approach

$378,535

87% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.