6502 Pilgrim RoadMadisonWI53711
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 6502 Pilgrim Road, Madison, WI, 53711 offers a 7.99% rental yield on a $379,900 purchase with $2,530/mo rent. 73% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 102.54% and total cumulative return in cash at $129,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,530/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices