123 North Blount Street UNIT 306MadisonWI53703
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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
Total monthly income runs $2,196/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 5.43% with $2,196/mo rent. Return on cash invested shows 7.16% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 36.91% and total cumulative return in cash records $59,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$608 monthly 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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Listed by: Maria Antoinette Cannarella • Restaino & Associates
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995610
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