2212 Cornell 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
Investment property for sale in Janesville at 2212 Cornell Avenue, Janesville, WI, 53545 uses $99,450 cash to close to unlock $1,920/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $2,173/mo, and a $1,468/mo payment keeps the spread at $160/mo. Purchase price stands at $300,000, and rental yield measures 8.69% with $2,173/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 113.87% and total cumulative return in cash records $113,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,173/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.28 Acres 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: Tony Dransfield • First Weber Inc
Mls Name: WIREX MLS
Mls ID: #2012139