1128 MORRAINE VIEW Drive UNIT 102MadisonWI53719
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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 1128 MORRAINE VIEW Drive UNIT 102, Madison, WI, 53719 earns from $1,226/mo rent with a $782/mo payment. Total monthly income totals $1,226/mo. ROI tracks 14.9% on current figures, and rental yield reads 9.21% at a $159,800 purchase. Equity gained on principal adds $1,031/yr, and 5% annual appreciation supports $44,150 over five years. Five-year ROI reaches 79.74% and total cumulative return in cash sums $42,239. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53719, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,308 (100%) |
| Owner Occupied HU | 7,434 (45.6%) |
| Renter Occupied HU | 8,437 (51.7%) |
| Vacant Housing Units | 437 ( 2.7%) |
| Median Home Value | $386,426 |
| Average Home Value | $429,640 |
Housing Distribution
Address Breakdown
Residential
15,534
Single Family
8,548
Multi-Family
6,986
Businesses
1,293
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Listed by: Sue Jiang • Tri-River Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992729
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.