Wisdom and South Central Wisconsin Real Estate information

Canterbury Flats, St Kilda

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If you run the numbers it is easy to find a cash flow property in Janesville. Based on 2 unit 2 story properties in Janesville over 45 years of age there is 12 months of inventory in Janesville. Banks have drastically discounted income properties in Janesville driving price down over the last couple of years. 77% of sales were bank owned and 13% of active listings are bank owned. The odds of selling a similar 2 unit in the 1st month is 9%. Sales ranged from $24,750 to $93,000. Active listings range from $35,000 to $123,500. It is hard to make a bad decision if you are paying $50,000 for a property that produces $800/month in income.

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