4326 Melody Lane #202MadisonWI53704
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 4326 Melody Lane #202, Madison, WI, 53704 listed at $149,999 pairs $1,400/mo rent with a $734/mo payment to leave $394/mo cash flow. Total monthly income runs $1,400/mo, and annual cash flow reaches $4,722/yr on $49,725 cash to close. Return on cash invested measures 29.41% in year one, and rental yield registers 11.2% at a $149,999 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 154.51% and total cumulative return in cash totals $76,830. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,400/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices