Investing in Rock County
Rock County covers 2 rental markets we actively finance in Wisconsin — Beloit, Janesville. Across those markets the median investment basis averages $210,000, a long-term lease averages $1,700/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,541. That produces a county-wide average DSCR ratio near 1.10x.
Basis varies more inside Rock County than the average suggests. Beloit is the lowest entry point at roughly $185,000, while Beloit currently models the strongest coverage ratio in the county at 1.14x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.