123 North Blount Street UNIT 404MadisonWI53703
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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 123 North Blount Street UNIT 404, Madison, WI, 53703 earns from $2,486/mo rent with a $2,182/mo payment. Total monthly income totals $2,486/mo. ROI tracks 10.74% on current figures, and rental yield reads 6.69% at a $445,900 purchase. Equity gained on principal adds $2,877/yr, and 5% annual appreciation supports $123,194 over five years. Five-year ROI reaches 56.2% and total cumulative return in cash sums $83,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,486/mo property income instead of your personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$623 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: Rachael See • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1985533
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.