418 North Parker Drive, Janesville, WI, 53545 | 2.88% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Janesville at 418 North Parker Drive, Janesville, WI, 53545 offers $1,511/mo rent that, after a $3,084/mo payment. Total monthly income is $1,511/mo. Return on cash invested measures 4.33% in year one, and rental yield stands at 2.88% at a $630,000 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,057 by year five. Five-year ROI records 19.95% and total cumulative return in cash reaches $41,350. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,511/mo property income versus a $3,084/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1900

0.28 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