7041 403rd AveJanesvilleMN56048
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 7041 403rd Ave, Janesville, MN, 56048 in Janesville is a conservative rental investment at $324,900. Rental yield 6.14%. A 1.14 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $89,764; $2,992/yr in principal paydown supplements. Total projected return: $99,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.8% |
| Monthly Cash Flow | $(367) | $450 |
City averages based on Janesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,662 |
| Total Monthly Debt Service | $1,900 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1900
3.82 Acres 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
Single Family
Built in 1900
3.82 Acres 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: Robbie Krengel • Action Realty Of Mankato
Mls Name: RASM
Mls ID: #7038715