6402 Milwaukee Street #209MadisonWI53718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6402 Milwaukee Street #209, Madison, WI, 53718 earns $432/mo cash flow from $2,023/mo rent with a $1,160/mo payment. Total monthly income totals $2,023/mo, and annual cash flow totals $5,189/yr on $78,566 capital. ROI tracks 26.51% on current figures, and rental yield reads 10.24% at a $237,000 purchase. Equity gained on principal adds $1,529/yr, and 5% annual appreciation supports $65,479 over five years. Five-year ROI reaches 138.97% and total cumulative return in cash sums $109,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,023/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53718, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,529 (100%) |
| Owner Occupied HU | 4,747 (49.8%) |
| Renter Occupied HU | 4,317 (45.3%) |
| Vacant Housing Units | 465 ( 4.9%) |
| Median Home Value | $373,243 |
| Average Home Value | $417,311 |
Housing Distribution
Address Breakdown
Residential
9,486
Single Family
5,073
Multi-Family
4,413
Businesses
735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices