1321 Tompkins Drive UNIT DMadisonWI53716
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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 Madison at 1321 Tompkins Drive UNIT D, Madison, WI, 53716 priced at $214,900 converts $1,544/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,544/mo. Return on cash invested prints 16.09% in year one, and rental yield reads 8.62% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 85.11% and total cumulative return in cash sums $60,630. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,544/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$310 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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Listed by: Dayna Schubert • Real Broker LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997010
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.