515 North Pinckney StreetMadisonWI53703
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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
Rental property for sale in Madison at 515 North Pinckney Street, Madison, WI, 53703 priced at $1,149,000 converts $3,234/mo rent into after a $5,624/mo obligation. Total monthly income equals $3,234/mo. Return on cash invested prints 5.94% in year one, and rental yield reads 3.38% against a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation compiles into $317,448 by year five. Five-year ROI reaches 28.52% and total cumulative return in cash sums $106,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,234/mo property income covering a $5,624/mo payment, not borrower’s personal income.
Multi Family
Built in 1914
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53703, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,266 (100%) |
| Owner Occupied HU | 2,504 (11.2%) |
| Renter Occupied HU | 18,420 (82.7%) |
| Vacant Housing Units | 1,342 ( 6.0%) |
| Median Home Value | $559,727 |
| Average Home Value | $640,792 |
Housing Distribution
Address Breakdown
Residential
19,094
Single Family
4,194
Multi-Family
14,900
Businesses
1,438
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