42 Craig AvenueMadisonWI53705
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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 42 Craig Avenue, Madison, WI, 53705 uses $82,842 cash to close to unlock $564/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,724/mo, and a $1,223/mo payment keeps the spread at $47/mo. Purchase price stands at $249,900, and rental yield measures 8.28% with $1,724/mo rent. Return on cash invested shows 20.59% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 107.22% and total cumulative return in cash records $88,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,724/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53705, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,514 (100%) |
| Owner Occupied HU | 5,819 (43.1%) |
| Renter Occupied HU | 6,793 (50.3%) |
| Vacant Housing Units | 902 ( 6.7%) |
| Median Home Value | $492,079 |
| Average Home Value | $566,675 |
Housing Distribution
Address Breakdown
Residential
13,076
Single Family
7,461
Multi-Family
5,615
Businesses
675
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