26 Sherman TerMadisonWI53704
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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 26 Sherman Ter, Madison, WI, 53704 priced at $206,400 converts $1,685/mo rent into $300/mo cash flow after a $1,010/mo obligation. Total monthly income equals $1,685/mo, and annual cash flow totals $3,600/yr on $68,422 invested. Return on cash invested prints 25.17% in year one, and rental yield reads 9.8% against a $206,400 entry. Equity gained on principal adds $1,332/yr, while 5% annual appreciation compiles into $57,025 by year five. Five-year ROI reaches 131.82% and total cumulative return in cash sums $90,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,685/mo property income covering a $1,010/mo payment, not borrower’s personal income.
Condo
Built in N/A
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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