3221 Emerald DriveJanesvilleWI53546
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.38% yield at 3221 Emerald Drive, Janesville, WI, 53546 in Janesville is solid, but the $1,884/mo payment compresses net cash flow to $114/mo at $418,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $115,734 by year five, and $3,858/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $167,136.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.9% |
| Monthly Cash Flow | $114 | $285 |
City averages based on Janesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,926 |
| Total Monthly Debt Service | $2,645 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
9,147 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
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
Single Family
Built in 2024
9,147 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: The Greskelly Team • EXP Realty, LLC
Mls Name: WIREX MLS
Mls ID: #2016697