19 Washington Place UNIT 1621MadisonWI53703
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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 $2,662/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 3.76% with $2,662/mo rent. Return on cash invested shows 3.49% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 16.73% and total cumulative return in cash records $46,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,662/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$819 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: Austin Fleer • Pinnacle Real Estate Group LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996545
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.