6206 Davenport DriveMadisonWI53711
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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 6206 Davenport Drive, Madison, WI, 53711 priced at $469,900 converts $3,026/mo rent into after a $2,300/mo obligation. Total monthly income equals $3,026/mo. Return on cash invested prints 18.69% in year one, and rental yield reads 7.73% against a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation compiles into $129,825 by year five. Five-year ROI reaches 97.07% and total cumulative return in cash sums $151,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,026/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53711, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,716 (100%) |
| Owner Occupied HU | 13,834 (58.3%) |
| Renter Occupied HU | 8,971 (37.8%) |
| Vacant Housing Units | 911 ( 3.8%) |
| Median Home Value | $461,189 |
| Average Home Value | $519,271 |
Housing Distribution
Address Breakdown
Residential
23,407
Single Family
15,722
Multi-Family
7,685
Businesses
774
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Listed by: Peggy Acker-Farber • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996535
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.