231 Cardinal Ln #231MadisonWI53704
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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 Madison at 231 Cardinal Ln #231, Madison, WI, 53704 listed at $129,900 pairs $2,320/mo rent with a $636/mo payment to leave $1,448/mo cash flow. Total monthly income runs $2,320/mo, and annual cash flow reaches $17,376/yr on $43,062 cash to close. Return on cash invested measures 60.26% in year one, and rental yield registers 21.43% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 320.01% and total cumulative return in cash totals $137,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,320/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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