1046 E Gorham StMadisonWI53703
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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 Madison at 1046 E Gorham St, Madison, WI, 53703 listed at $638,300 pairs $4,126/mo rent with a $3,124/mo payment. Total monthly income runs $4,126/mo. Return on cash invested measures 19.16% in year one, and rental yield registers 7.76% at a $638,300 basis. Equity gained on principal adds $4,119/yr, and annual property appreciation at 5% supports $176,351 by year five. Five-year ROI tracks 99.49% and total cumulative return in cash totals $208,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,126/mo property income relative to a $3,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1899
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53703, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,266 (100%) |
| Owner Occupied HU | 2,504 (11.2%) |
| Renter Occupied HU | 18,420 (82.7%) |
| Vacant Housing Units | 1,342 ( 6.0%) |
| Median Home Value | $559,727 |
| Average Home Value | $640,792 |
Housing Distribution
Address Breakdown
Residential
19,094
Single Family
4,194
Multi-Family
14,900
Businesses
1,438
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