1629 Kings Mill Way #312MadisonWI53718
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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 1629 Kings Mill Way #312, Madison, WI, 53718 listed at $238,000 pairs $2,132/mo rent with a $1,165/mo payment to leave $535/mo cash flow. Total monthly income runs $2,132/mo, and annual cash flow reaches $6,416/yr on $78,897 cash to close. Return on cash invested measures 28.04% in year one, and rental yield registers 10.75% at a $238,000 basis. Equity gained on principal adds $1,536/yr, and annual property appreciation at 5% supports $65,755 by year five. Five-year ROI tracks 147.17% and total cumulative return in cash totals $116,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,132/mo property income relative to a $1,165/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53718, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,529 (100%) |
| Owner Occupied HU | 4,747 (49.8%) |
| Renter Occupied HU | 4,317 (45.3%) |
| Vacant Housing Units | 465 ( 4.9%) |
| Median Home Value | $373,243 |
| Average Home Value | $417,311 |
Housing Distribution
Address Breakdown
Residential
9,486
Single Family
5,073
Multi-Family
4,413
Businesses
735
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