215 East Centerway 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 215 East Centerway Street, Janesville, WI, 53545 uses $40,443 cash to close to unlock $1,384/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $934/mo, and a $597/mo payment keeps the spread at $115/mo. Purchase price stands at $122,000, and rental yield measures 9.19% with $934/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 122.01% and total cumulative return in cash records $49,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $934/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1880
6,098 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: Julie Press-Raese • Century 21 Affiliated
Mls Name: WIREX MLS
Mls ID: #2014471