1406 West Skyline DriveMadisonWI53705
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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 1406 West Skyline Drive, Madison, WI, 53705 listed at $1,000,000 pairs $3,026/mo rent with a $4,895/mo payment. Total monthly income runs $3,026/mo. Return on cash invested measures 6.62% in year one, and rental yield registers 3.63% at a $1,000,000 basis. Equity gained on principal adds $6,453/yr, and annual property appreciation at 5% supports $276,282 by year five. Five-year ROI tracks 32.23% and total cumulative return in cash totals $106,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,026/mo property income relative to a $4,895/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53705, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,514 (100%) |
| Owner Occupied HU | 5,819 (43.1%) |
| Renter Occupied HU | 6,793 (50.3%) |
| Vacant Housing Units | 902 ( 6.7%) |
| Median Home Value | $492,079 |
| Average Home Value | $566,675 |
Housing Distribution
Address Breakdown
Residential
13,076
Single Family
7,461
Multi-Family
5,615
Businesses
675
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Listed by: Jimmer Yunek • Stark Company, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996278
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