624 Somerset Drive, Janesville, WI, 53546 | $644/mo Cash Flow

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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 624 Somerset Drive, Janesville, WI, 53546 offers $3,496/mo rent that, after a $2,080/mo payment, leaves $644/mo cash flow. Total monthly income is $3,496/mo, and annual cash flow is $7,727/yr on $140,887 cash. Return on cash invested measures 25.39% in year one, and rental yield stands at 9.87% at a $424,999 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,419 by year five. Five-year ROI records 132.93% and total cumulative return in cash reaches $187,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,496/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

0.58 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