2811 No Oaks RidgeFitchburgWI53711
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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 Fitchburg at 2811 No Oaks Ridge, Fitchburg, WI, 53711 priced at $370,000 pairs $2,944/mo rent with $11/mo cash flow after a $1,811/mo payment. Total monthly income equals $2,944/mo, and annual cash flow comes to $130/yr on $122,655 invested. Return on cash invested is 20.01% in year one, and rental yield stands at 9.55% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 105.69% and total cumulative return in cash reaches $129,629. For financing, Ziffy Mortgage’s DSCR program evaluates $2,944/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
$450 monthly 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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Listed by: Kaitlin Solomon • MHB Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998736
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.