8030 Washington StJanesvilleIA50647
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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
Investment property for sale in Janesville at 8030 Washington St, Janesville, IA, 50647 listed at $319,000 pairs $1,798/mo rent with a $1,561/mo payment. Total monthly income runs $1,798/mo. Return on cash invested measures 16.81% in year one, and rental yield registers 6.76% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 86.61% and total cumulative return in cash totals $91,585. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,798/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50647, Janesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 874 (100%) |
| Owner Occupied HU | 697 (79.7%) |
| Renter Occupied HU | 113 (12.9%) |
| Vacant Housing Units | 64 ( 7.3%) |
| Median Home Value | $301,699 |
| Average Home Value | $314,839 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
608
Multi-Family
24
Businesses
42
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Listed by: Brian Wingert • Structure Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20256079