1220 Prairie AvenueJanesvilleWI53545
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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
Total monthly income runs $1,620/mo, and a $1,835/mo payment. Purchase price stands at $375,000, and rental yield measures 5.18% with $1,620/mo rent. Return on cash invested shows 11.26% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 57.13% and total cumulative return in cash records $71,019. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53545, Janesville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,704 (100%) |
| Owner Occupied HU | 6,471 (60.5%) |
| Renter Occupied HU | 3,719 (34.7%) |
| Vacant Housing Units | 514 ( 4.8%) |
| Median Home Value | $244,746 |
| Average Home Value | $277,335 |
Housing Distribution
Address Breakdown
Residential
10,724
Single Family
9,079
Multi-Family
1,645
Businesses
880
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Listed by: Adam Briggs • Briggs Realty Group, Inc
Mls Name: WIREX MLS
Mls ID: #2011632