413 Nichols RoadMononaWI53716
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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 Monona at 413 Nichols Road, Monona, WI, 53716 offers $2,215/mo rent that, after a $2,692/mo payment. Total monthly income is $2,215/mo. Return on cash invested measures 10.27% in year one, and rental yield stands at 4.83% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 51.82% and total cumulative return in cash reaches $93,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,215/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53716, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,886 (100%) |
| Owner Occupied HU | 6,090 (68.5%) |
| Renter Occupied HU | 2,571 (28.9%) |
| Vacant Housing Units | 225 ( 2.5%) |
| Median Home Value | $373,588 |
| Average Home Value | $443,211 |
Housing Distribution
Address Breakdown
Residential
8,781
Single Family
6,941
Multi-Family
1,840
Businesses
888
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