106 Garnet LaneMadisonWI53714
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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 106 Garnet Lane, Madison, WI, 53714 priced at $320,000 pairs $2,290/mo rent with $143/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,290/mo, and annual cash flow comes to $1,712/yr on $106,080 invested. Return on cash invested is 21.52% in year one, and rental yield stands at 8.59% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 112.19% and total cumulative return in cash reaches $119,007. For financing, Ziffy Mortgage’s DSCR program evaluates $2,290/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53714, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,826 (100%) |
| Owner Occupied HU | 4,426 (56.6%) |
| Renter Occupied HU | 3,175 (40.6%) |
| Vacant Housing Units | 225 ( 2.9%) |
| Median Home Value | $306,378 |
| Average Home Value | $339,362 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
5,921
Multi-Family
1,793
Businesses
395
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Listed by: Tom Weber • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1988199
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.