2668 Norwich StreetFitchburgWI53711
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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 Fitchburg at 2668 Norwich Street, Fitchburg, WI, 53711 uses $109,395 cash to close to unlock $8,334/yr annual cash flow and $695/mo monthly cash flow. Total monthly income runs $2,909/mo, and a $1,615/mo payment keeps the spread at $695/mo. Purchase price stands at $330,000, and rental yield measures 10.58% with $2,909/mo rent. Return on cash invested shows 27.53% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 144.39% and total cumulative return in cash records $157,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,909/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53711, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,716 (100%) |
| Owner Occupied HU | 13,834 (58.3%) |
| Renter Occupied HU | 8,971 (37.8%) |
| Vacant Housing Units | 911 ( 3.8%) |
| Median Home Value | $461,189 |
| Average Home Value | $519,271 |
Housing Distribution
Address Breakdown
Residential
23,407
Single Family
15,722
Multi-Family
7,685
Businesses
774
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