320 East Racine 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 320 East Racine Street, Janesville, WI, 53545 with 5% annual appreciation on a $200,000 basis while $1,373/mo rent supports operations. Total monthly income totals $1,373/mo and a $979/mo payment preserves $31/mo for cash returns. Annual cash flow comes to $368/yr on $66,300 deployed, and return on cash invested reaches 20.46% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 8.24%. Five-year ROI measures 106.53% and total cumulative return in cash totals $70,628.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,373/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1895
0.27 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: Erika King • Briggs Realty Group, Inc
Mls Name: WIREX MLS
Mls ID: #2007000