1114 Engelhart DriveMadisonWI53713
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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 1114 Engelhart Drive, Madison, WI, 53713 uses $116,025 cash to close to unlock $8,873/yr annual cash flow and $739/mo monthly cash flow. Total monthly income runs $3,125/mo, and a $1,713/mo payment keeps the spread at $739/mo. Purchase price stands at $350,000, and rental yield measures 10.71% with $3,125/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 144.69% and total cumulative return in cash records $167,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,125/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No 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
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Listed by: Doug Noot • EXP Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1989673
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.