6114 South Highway 51JanesvilleWI53546
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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
Rental property for sale in Janesville at 6114 South Highway 51, Janesville, WI, 53546 generates $1,496/mo in rent and, after a $930/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,496/mo, and annual cash flow is $2,650/yr on $62,985 invested. Return on cash invested sits at 24.12% in year one, and rental yield is 9.45% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash sums $79,428. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,496/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.46 Acres 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: Desiree Sowell • Keller Williams Realty Signature
Mls Name: WIREX MLS
Mls ID: #2008648