1002 Somerset DriveJanesvilleWI53546
Nearby investment properties with comparable rents
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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
Investment property for sale in Janesville at 1002 Somerset Drive, Janesville, WI, 53546 earns $981/mo cash flow from $3,161/mo rent with a $1,590/mo payment. Total monthly income totals $3,161/mo, and annual cash flow totals $11,769/yr on $107,704 capital. ROI tracks 30.84% on current figures, and rental yield reads 11.67% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 162.13% and total cumulative return in cash sums $174,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,161/mo property income instead of your personal income.
Single Family
Built in 1976
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53546, Janesville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,728 (100%) |
| Owner Occupied HU | 9,801 (71.4%) |
| Renter Occupied HU | 3,480 (25.3%) |
| Vacant Housing Units | 447 ( 3.3%) |
| Median Home Value | $265,858 |
| Average Home Value | $274,556 |
Housing Distribution
Address Breakdown
Residential
13,331
Single Family
12,324
Multi-Family
1,007
Businesses
608
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Listed by: Brandon Manthey • EXP Realty, LLC
Mls Name: WIREX MLS
Mls ID: #2011531