744 Milton AvenueJanesvilleWI53545
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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 744 Milton Avenue, Janesville, WI, 53545 priced at $268,000 converts $1,926/mo rent into $127/mo cash flow after a $1,312/mo obligation. Total monthly income equals $1,926/mo, and annual cash flow totals $1,526/yr on $88,842 invested. Return on cash invested prints 21.63% in year one, and rental yield reads 8.62% against a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,043 by year five. Five-year ROI reaches 112.77% and total cumulative return in cash sums $100,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,926/mo property income covering a $1,312/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53545, Janesville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,704 (100%) |
| Owner Occupied HU | 6,471 (60.5%) |
| Renter Occupied HU | 3,719 (34.7%) |
| Vacant Housing Units | 514 ( 4.8%) |
| Median Home Value | $244,746 |
| Average Home Value | $277,335 |
Housing Distribution
Address Breakdown
Residential
10,724
Single Family
9,079
Multi-Family
1,645
Businesses
880
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Listed by: Carole Cullen • Century 21 Affiliated
Mls Name: WIREX MLS
Mls ID: #2015317