610 North Westfield Road #CMadisonWI53717
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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
Investment property for sale in Madison at 610 North Westfield Road #C, Madison, WI, 53717 offers a 11.98% rental yield on a $194,900 purchase with $1,946/mo rent. Total monthly income registers $1,946/mo, and a $954/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,241/yr on $64,609 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 132.99% and total cumulative return in cash at $85,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,946/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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