610 North WESTFIELD Road #BMadisonWI53717
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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 610 North WESTFIELD Road #B, Madison, WI, 53717 priced at $188,500 converts $1,927/mo rent into $324/mo cash flow after a $923/mo obligation. Total monthly income equals $1,927/mo, and annual cash flow totals $3,883/yr on $62,488 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 12.27% against a $188,500 entry. Equity gained on principal adds $1,216/yr, while 5% annual appreciation compiles into $52,079 by year five. Five-year ROI reaches 139.2% and total cumulative return in cash sums $86,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,927/mo property income covering a $923/mo payment, not borrower’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53717, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 3,272 (48.1%) |
| Renter Occupied HU | 3,353 (49.3%) |
| Vacant Housing Units | 179 ( 2.6%) |
| Median Home Value | $502,274 |
| Average Home Value | $542,339 |
Housing Distribution
Address Breakdown
Residential
6,168
Single Family
3,428
Multi-Family
2,740
Businesses
489
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