39559 W Elysian Lake RdJanesvilleMN56048
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
Rental property for sale in Janesville at 39559 W Elysian Lake Rd, Janesville, MN, 56048 generates $1,741/mo in rent and, after a $1,118/mo payment, leaves $315/mo in cash flow. Total monthly income is $1,741/mo, and annual cash flow is $3,774/yr on $75,748 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 9.14% on a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation builds toward $63,130 over five years. Five-year ROI reaches 129.66% and total cumulative return in cash sums $98,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,741/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
7.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56048, Janesville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,322 (78.8%) |
| Renter Occupied HU | 252 (15.0%) |
| Vacant Housing Units | 103 ( 6.1%) |
| Median Home Value | $267,200 |
| Average Home Value | $298,837 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,368
Multi-Family
91
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Hagel • Jeff Hagel
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6748487