611 Northwood PlJanesvilleMN56048
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 611 Northwood Pl, Janesville, MN, 56048 in Janesville speaks for itself: 10.2% gross on a $279,900 price, generating $2,378/mo in rent and $631/mo in net income after the $1,259/mo debt service. DSCR 1.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,567 stacks alongside $77,331 in projected five-year appreciation and $2,578/yr in principal reduction. Projected total cumulative return: $146,776.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.8% |
| Monthly Cash Flow | $631 | $450 |
City averages based on Janesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,378 |
| Total Monthly Debt Service | $1,636 |
| DSCR Ratio | 1.45x |
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.
Townhouse
Built in 2023
3,049 sqft 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
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
Townhouse
Built in 2023
3,049 sqft 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: Chad Hacker • Coldwell Banker River Valley, REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782623