1802 Monroe Street #307MadisonWI53711
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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 $3,925/mo, and a $5,996/mo payment. Purchase price stands at $1,225,000, and rental yield measures 3.84% with $3,925/mo rent. Return on cash invested shows 4.93% in year one, and 5% annual appreciation builds toward $338,445 over five years. Five-year ROI reaches 24.02% and total cumulative return in cash records $95,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,925/mo property income covering a $5,996/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$810 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53711, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,716 (100%) |
| Owner Occupied HU | 13,834 (58.3%) |
| Renter Occupied HU | 8,971 (37.8%) |
| Vacant Housing Units | 911 ( 3.8%) |
| Median Home Value | $461,189 |
| Average Home Value | $519,271 |
Housing Distribution
Address Breakdown
Residential
23,407
Single Family
15,722
Multi-Family
7,685
Businesses
774
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