115 East Broadway #210MononaWI53716
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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 Monona at 115 East Broadway #210, Monona, WI, 53716 generates $3,124/mo in rent and, after a $1,591/mo payment, leaves $718/mo in cash flow. Total monthly income is $3,124/mo, and annual cash flow is $8,611/yr on $107,738 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 11.53% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash sums $158,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,124/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53716, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,886 (100%) |
| Owner Occupied HU | 6,090 (68.5%) |
| Renter Occupied HU | 2,571 (28.9%) |
| Vacant Housing Units | 225 ( 2.5%) |
| Median Home Value | $373,588 |
| Average Home Value | $443,211 |
Housing Distribution
Address Breakdown
Residential
8,781
Single Family
6,941
Multi-Family
1,840
Businesses
888
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