340 North Allen Street #18MadisonWI53726
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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 340 North Allen Street #18, Madison, WI, 53726 listed at $310,000 pairs $1,874/mo rent with a $1,517/mo payment. Total monthly income runs $1,874/mo. Return on cash invested measures 12.39% in year one, and rental yield registers 7.25% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 65.04% and total cumulative return in cash totals $66,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,874/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
$438 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53726, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 860 (33.6%) |
| Renter Occupied HU | 1,611 (63.0%) |
| Vacant Housing Units | 85 ( 3.3%) |
| Median Home Value | $619,318 |
| Average Home Value | $657,355 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
1,150
Multi-Family
1,224
Businesses
93
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