5337 Lake Park BoulevardMadisonWI53713
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 5337 Lake Park Boulevard, Madison, WI, 53713 offers a 10.48% rental yield on a $224,900 purchase with $1,964/mo rent. Total monthly income registers $1,964/mo, and a $1,101/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,453/yr on $74,554 to close, and return on cash invested stands at 27.22% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 142.8% and total cumulative return in cash at $106,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,964/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53713, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,678 (100%) |
| Owner Occupied HU | 3,069 (26.3%) |
| Renter Occupied HU | 8,032 (68.8%) |
| Vacant Housing Units | 577 ( 4.9%) |
| Median Home Value | $293,616 |
| Average Home Value | $368,260 |
Housing Distribution
Address Breakdown
Residential
10,809
Single Family
4,946
Multi-Family
5,863
Businesses
1,050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices