5 Honor CourtMadisonWI53718
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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 5 Honor Court, Madison, WI, 53718 offers a 8.8% rental yield on a $445,900 purchase with $3,269/mo rent. Total monthly income registers $3,269/mo, and a $2,182/mo payment leaves $260/mo available for distribution. Annual cash flow reaches $3,123/yr on $147,816 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $2,877/yr while 5% annual appreciation supports $123,194 over five years. Portfolio math shows five-year ROI at 114.91% and total cumulative return in cash at $169,863. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,269/mo property income against a $2,182/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
9,147 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53718, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,529 (100%) |
| Owner Occupied HU | 4,747 (49.8%) |
| Renter Occupied HU | 4,317 (45.3%) |
| Vacant Housing Units | 465 ( 4.9%) |
| Median Home Value | $373,243 |
| Average Home Value | $417,311 |
Housing Distribution
Address Breakdown
Residential
9,486
Single Family
5,073
Multi-Family
4,413
Businesses
735
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Listed by: Amanda Fawver • @properties-elleven Christie's
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1994984
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.