514 McCormick AvenueMadisonWI53704
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 514 McCormick Avenue, Madison, WI, 53704 at $299,900 posts ROI 26.16% with $518/mo cash flow from $2,531/mo rent. Total monthly income equals $2,531/mo, and annual cash flow records $6,218/yr on $99,417 to close. Return on cash invested measures 26.16% and rental yield reads 10.13% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 137.1% and total cumulative return in cash totals $136,300.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,531/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
6,098 sqft 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
