423 East BluffMadisonWI53705
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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 423 East Bluff, Madison, WI, 53705 uses $58,013 cash to close to unlock $8,845/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $2,142/mo, and a $857/mo payment keeps the spread at $737/mo. Purchase price stands at $175,000, and rental yield measures 14.69% with $2,142/mo rent. Return on cash invested shows 35.16% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 187.11% and total cumulative return in cash records $108,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,142/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$230 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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Listed by: Eric Reusch • Bunbury & Assoc, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1986408
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.