1831 Hoover StreetJanesvilleWI53545
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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 1831 Hoover Street, Janesville, WI, 53545 listed at $289,900 pairs $2,201/mo rent with a $1,419/mo payment to leave $255/mo cash flow. Total monthly income runs $2,201/mo, and annual cash flow reaches $3,064/yr on $96,102 cash to close. Return on cash invested measures 23.1% in year one, and rental yield registers 9.11% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 120.66% and total cumulative return in cash totals $115,953. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,201/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
10,454 sqft 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: Angelica Figueroa • Century 21 Affiliated
Mls Name: WIREX MLS
Mls ID: #2011162