301 Harbour Town Drive UNIT 329MadisonWI53717
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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 329, Madison, WI, 53717 uses $66,300 cash to close to unlock $2,700/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,880/mo, and a $979/mo payment keeps the spread at $225/mo. Purchase price stands at $200,000, and rental yield measures 11.28% with $1,880/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash records $84,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$305 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: Solveig Anne Schroerlucke • Compass Real Estate Wisconsin
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995028
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.