211 Cardinal Ln #211MadisonWI53704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Madison at 211 Cardinal Ln #211, Madison, WI, 53704 uses $41,404 cash to close to unlock $1,969/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $611/mo payment keeps the spread at $164/mo. Purchase price stands at $124,900, and rental yield measures 9.63% with $1,002/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 129.14% and total cumulative return in cash records $53,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $611/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices