204 South High Point RoadMadisonWI53717
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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 204 South High Point Road, Madison, WI, 53717 offers $2,113/mo rent that, after a $1,199/mo payment, leaves $69/mo cash flow. Total monthly income is $2,113/mo, and annual cash flow is $827/yr on $81,218 cash. Return on cash invested measures 20.93% in year one, and rental yield stands at 10.35% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 111.12% and total cumulative return in cash reaches $90,252. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,113/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53717, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 3,272 (48.1%) |
| Renter Occupied HU | 3,353 (49.3%) |
| Vacant Housing Units | 179 ( 2.6%) |
| Median Home Value | $502,274 |
| Average Home Value | $542,339 |
Housing Distribution
Address Breakdown
Residential
6,168
Single Family
3,428
Multi-Family
2,740
Businesses
489
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Listed by: Toby Briggs • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997545
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.