2503 North Lexington DriveJanesvilleWI53545
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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
Rental property for sale in Janesville at 2503 North Lexington Drive, Janesville, WI, 53545 generates $1,403/mo in rent, after a $1,150/mo payment. Total monthly income is $1,403/mo. Return on cash invested sits at 17.23% in year one, and rental yield is 7.17% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 89.22% and total cumulative return in cash sums $69,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,403/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A 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: Kevin O'Leary • Coldwell Banker The Realty Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2000933
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved