626 McGuffey DriveMadisonWI53717
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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 626 McGuffey Drive, Madison, WI, 53717 priced at $475,000 converts $2,315/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,315/mo. Return on cash invested prints 9.6% in year one, and rental yield reads 5.85% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 49.59% and total cumulative return in cash sums $78,091. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,315/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$480 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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Listed by: Mhb Real Estate Team • MHB Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992344
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.