1937 Thackeray RoadMadisonWI53704
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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 1937 Thackeray Road, Madison, WI, 53704 priced at $298,900 converts $2,303/mo rent into $297/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,303/mo, and annual cash flow totals $3,564/yr on $99,085 invested. Return on cash invested prints 23.51% in year one, and rental yield reads 9.25% against a $298,900 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,581 by year five. Five-year ROI reaches 122.81% and total cumulative return in cash sums $121,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,303/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53704, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,230 (100%) |
| Owner Occupied HU | 12,133 (50.1%) |
| Renter Occupied HU | 11,091 (45.8%) |
| Vacant Housing Units | 1,006 ( 4.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $432,267 |
Housing Distribution
Address Breakdown
Residential
23,145
Single Family
14,950
Multi-Family
8,195
Businesses
1,332
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Listed by: Acker Maly Home Team • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1986722
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.