344 South Parker 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
Investment property for sale in Janesville at 344 South Parker Drive, Janesville, WI, 53545 offers a 11.06% rental yield on a $175,000 purchase with $1,613/mo rent. Total monthly income registers $1,613/mo, and a $857/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,257/yr on $58,013 to close, and return on cash invested stands at 28.97% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 152.19% and total cumulative return in cash at $88,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1955
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: Angelica Figueroa • Century 21 Affiliated
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996921
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.