1010 North Sunnyvale Lane UNIT KMadisonWI53713
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
Investment Highlights
Rental property for sale in Madison at 1010 North Sunnyvale Lane UNIT K, Madison, WI, 53713 offers $1,967/mo rent that, after a $1,040/mo payment, leaves $287/mo cash flow. Total monthly income is $1,967/mo, and annual cash flow is $3,444/yr on $70,444 cash. Return on cash invested measures 24.8% in year one, and rental yield stands at 11.11% at a $212,500 entry. Equity gained on principal adds $1,371/yr while 5% annual appreciation compounds into $58,710 by year five. Five-year ROI records 131.3% and total cumulative return in cash reaches $92,492. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,967/mo property income versus a $1,040/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$254 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53713, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,678 (100%) |
| Owner Occupied HU | 3,069 (26.3%) |
| Renter Occupied HU | 8,032 (68.8%) |
| Vacant Housing Units | 577 ( 4.9%) |
| Median Home Value | $293,616 |
| Average Home Value | $368,260 |
Housing Distribution
Address Breakdown
Residential
10,809
Single Family
4,946
Multi-Family
5,863
Businesses
1,050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Joudrey • NextHome Midwest
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1994869
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.