3618 Cascade RoadMadisonWI53704
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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 3618 Cascade Road, Madison, WI, 53704 offers a 8.58% rental yield on a $350,000 purchase with $2,503/mo rent. Total monthly income registers $2,503/mo, and a $1,713/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,850/yr on $116,025 to close, and return on cash invested stands at 21.5% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 112.11% and total cumulative return in cash at $130,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,503/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No 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
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Listed by: Jimmer Yunek • Stark Company, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995339
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.