199 Shato LaneMononaWI53716
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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 Monona at 199 Shato Lane, Monona, WI, 53716 uses $109,362 cash to close to unlock $4,220/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $2,956/mo, and a $1,615/mo payment keeps the spread at $352/mo. Purchase price stands at $329,900, and rental yield measures 10.75% with $2,956/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 125.77% and total cumulative return in cash records $137,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,956/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53716, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,886 (100%) |
| Owner Occupied HU | 6,090 (68.5%) |
| Renter Occupied HU | 2,571 (28.9%) |
| Vacant Housing Units | 225 ( 2.5%) |
| Median Home Value | $373,588 |
| Average Home Value | $443,211 |
Housing Distribution
Address Breakdown
Residential
8,781
Single Family
6,941
Multi-Family
1,840
Businesses
888
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Listed by: Heather Taylor • MHB Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995175
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.