1402 Myra Avenue,Janesville,WI,53548

Investment Highlights

Rental property for sale in Janesville at 1402 Myra Avenue, Janesville, WI, 53548 generates $2,315/mo in rent and, after a $1,248/mo payment, leaves $604/mo in cash flow. Total monthly income is $2,315/mo, and annual cash flow is $7,245/yr on $84,533 invested. Return on cash invested sits at 28.48% in year one, and rental yield is 10.89% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 149.5% and total cumulative return in cash sums $126,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,315/mo property income rather than buyer’s personal income.