104 Pine Ridge TrailMadisonWI53717
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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 Madison at 104 Pine Ridge Trail, Madison, WI, 53717 offers $2,720/mo rent that, after a $2,055/mo payment. Total monthly income is $2,720/mo. Return on cash invested measures 13.92% in year one, and rental yield stands at 7.77% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 73.29% and total cumulative return in cash reaches $102,024. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,720/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$522 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53717, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 3,272 (48.1%) |
| Renter Occupied HU | 3,353 (49.3%) |
| Vacant Housing Units | 179 ( 2.6%) |
| Median Home Value | $502,274 |
| Average Home Value | $542,339 |
Housing Distribution
Address Breakdown
Residential
6,168
Single Family
3,428
Multi-Family
2,740
Businesses
489
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Listed by: Michele Narowetz • Stark Company, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998196
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.