428 West Delavan DriveJanesvilleWI53546
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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 428 West Delavan Drive, Janesville, WI, 53546 uses $66,267 cash to close to unlock $6,790/yr annual cash flow and $566/mo monthly cash flow. Total monthly income runs $1,907/mo, and a $978/mo payment keeps the spread at $566/mo. Purchase price stands at $199,900, and rental yield measures 11.45% with $1,907/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 158.47% and total cumulative return in cash records $105,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,907/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9,583 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
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Listed by: Schindler Home Team • RE/MAX Ignite
Mls Name: WIREX MLS
Mls ID: #2014493