36 Sherman Terrace UNIT 5MadisonWI53704
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 36 Sherman Terrace UNIT 5, Madison, WI, 53704 at $215,000 posts ROI 19.65% with from $1,702/mo rent. Total monthly income equals $1,702/mo. Return on cash invested measures 19.65% and rental yield reads 9.5% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 103.83% and total cumulative return in cash totals $74,005. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,702/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1949
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53704, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,230 (100%) |
| Owner Occupied HU | 12,133 (50.1%) |
| Renter Occupied HU | 11,091 (45.8%) |
| Vacant Housing Units | 1,006 ( 4.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $432,267 |
Housing Distribution
Address Breakdown
Residential
23,145
Single Family
14,950
Multi-Family
8,195
Businesses
1,332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ale Broz • EXP Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1994099
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.