5309 South Ridge Way #5309, Middleton, WI, 53562 | 7.17% Rental Yield

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
917 sft

1654 Norman Way UNIT 3, Madison, WI, 53705

2 Bed
2 Bath
1573 sft

124 Northlight Way #58, Madison, WI, 53711

2 Bed
2 Bath
1440 sft

16 CORNER STONE Way, Madison, WI, 53711

2 Bed
2 Bath
1670 sft

855 North High Point Road #855, Madison, WI, 53717

Nearby investment properties with comparable prices

2 Bed
2 Bath
1646 sft

3016 Nessling Street, Madison, WI, 53719

1 Bed
2 Bath
960 sft

6501 Bridge Road #107, Madison, WI, 53713

3 Bed
2 Bath
1374 sft

215 South Lincoln Street, Poynette, WI, 53955

1 Bed
2 Bath
960 sft

6501 Bridge Road UNIT B104, Madison, WI, 53713

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Middleton at 5309 South Ridge Way #5309, Middleton, WI, 53562 generates $2,360/mo in rent, after a $1,933/mo payment. Total monthly income is $2,360/mo. Return on cash invested sits at 14.04% in year one, and rental yield is 7.17% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 73.23% and total cumulative return in cash sums $95,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,360/mo property income rather than buyer’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

$350 monthly HOA