301 Harbour Town Drive UNIT 216MadisonWI53717
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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 Madison at 301 Harbour Town Drive UNIT 216, Madison, WI, 53717 earns $42/mo cash flow from $1,764/mo rent with a $1,022/mo payment. Total monthly income totals $1,764/mo, and annual cash flow totals $508/yr on $69,246 capital. ROI tracks 20.64% on current figures, and rental yield reads 10.13% at a $208,888 purchase. Equity gained on principal adds $1,348/yr, and 5% annual appreciation supports $57,712 over five years. Five-year ROI reaches 109.53% and total cumulative return in cash sums $75,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$316 monthly 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
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Listed by: Karla Downing • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997522
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.