2317 Kellogg AvenueJanesvilleWI53546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2317 Kellogg Avenue, Janesville, WI, 53546 offers a 8.79% rental yield on a $299,000 purchase with $2,190/mo rent. Total monthly income registers $2,190/mo, and a $1,463/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,206/yr on $99,119 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 115.46% and total cumulative return in cash at $114,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,190/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53546, Janesville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,728 (100%) |
| Owner Occupied HU | 9,801 (71.4%) |
| Renter Occupied HU | 3,480 (25.3%) |
| Vacant Housing Units | 447 ( 3.3%) |
| Median Home Value | $265,858 |
| Average Home Value | $274,556 |
Housing Distribution
Address Breakdown
Residential
13,331
Single Family
12,324
Multi-Family
1,007
Businesses
608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Heiman • Walker Realty Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1986837
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.