3329 Wells AvenueMadisonWI53714
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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 Madison at 3329 Wells Avenue, Madison, WI, 53714 priced at $330,000 converts $2,248/mo rent into $34/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,248/mo, and annual cash flow totals $402/yr on $109,395 invested. Return on cash invested prints 20.28% in year one, and rental yield reads 8.17% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 105.51% and total cumulative return in cash sums $115,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,248/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1967
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53714, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,826 (100%) |
| Owner Occupied HU | 4,426 (56.6%) |
| Renter Occupied HU | 3,175 (40.6%) |
| Vacant Housing Units | 225 ( 2.9%) |
| Median Home Value | $306,378 |
| Average Home Value | $339,362 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
5,921
Multi-Family
1,793
Businesses
395
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Listed by: Carlos Alvarado • Compass Real Estate Wisconsin
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998426
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.