617 East Dayton Street #BMadisonWI53703
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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 617 East Dayton Street #B, Madison, WI, 53703 offers $2,723/mo rent that, after a $1,850/mo payment. Total monthly income is $2,723/mo. Return on cash invested measures 19.21% in year one, and rental yield stands at 8.64% at a $378,000 entry. Equity gained on principal adds $2,439/yr while 5% annual appreciation compounds into $104,434 by year five. Five-year ROI records 100.71% and total cumulative return in cash reaches $126,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,723/mo property income versus a $1,850/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$259 monthly 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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