510-516 South Park StreetMadisonWI53715
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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 510-516 South Park Street, Madison, WI, 53715 offers a 2.07% rental yield on a $1,199,000 purchase with $2,064/mo rent. 89% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 6.8% and total cumulative return in cash at $26,421. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,064/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1922
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53715, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,967 (100%) |
| Owner Occupied HU | 970 (13.9%) |
| Renter Occupied HU | 5,219 (74.9%) |
| Vacant Housing Units | 778 (11.2%) |
| Median Home Value | $505,338 |
| Average Home Value | $575,378 |
Housing Distribution
Address Breakdown
Residential
5,676
Single Family
2,298
Multi-Family
3,378
Businesses
341
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