301 Harbour Town Drive #204MadisonWI53717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 301 Harbour Town Drive #204, Madison, WI, 53717 listed at $197,000 pairs $1,607/mo rent with a $964/mo payment to leave $285/mo cash flow. Total monthly income runs $1,607/mo, and annual cash flow reaches $3,421/yr on $65,306 cash to close. Return on cash invested measures 25.15% in year one, and rental yield registers 9.79% at a $197,000 basis. Equity gained on principal adds $1,271/yr, and annual property appreciation at 5% supports $54,427 by year five. Five-year ROI tracks 131.68% and total cumulative return in cash totals $85,994. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,607/mo property income relative to a $964/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53717, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 3,272 (48.1%) |
| Renter Occupied HU | 3,353 (49.3%) |
| Vacant Housing Units | 179 ( 2.6%) |
| Median Home Value | $502,274 |
| Average Home Value | $542,339 |
Housing Distribution
Address Breakdown
Residential
6,168
Single Family
3,428
Multi-Family
2,740
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices