2411 Superior StreetMadisonWI53704
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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 2411 Superior Street, Madison, WI, 53704 priced at $475,000 converts $2,095/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,095/mo. Return on cash invested prints 11.58% in year one, and rental yield reads 5.29% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 58.88% and total cumulative return in cash sums $92,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,095/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Multi Family
Built in 1959
5,227 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: Cait Berry • Berkshire Hathaway HomeServices True Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1986997
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.