6726 Park Ridge DRIVE UNIT AMadisonWI53719
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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 6726 Park Ridge DRIVE UNIT A, Madison, WI, 53719 offers $1,938/mo rent that, after a $1,170/mo payment, leaves $49/mo cash flow. Total monthly income is $1,938/mo, and annual cash flow is $586/yr on $79,229 cash. Return on cash invested measures 20.65% in year one, and rental yield stands at 9.73% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 109.07% and total cumulative return in cash reaches $86,412. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,938/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53719, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,308 (100%) |
| Owner Occupied HU | 7,434 (45.6%) |
| Renter Occupied HU | 8,437 (51.7%) |
| Vacant Housing Units | 437 ( 2.7%) |
| Median Home Value | $386,426 |
| Average Home Value | $429,640 |
Housing Distribution
Address Breakdown
Residential
15,534
Single Family
8,548
Multi-Family
6,986
Businesses
1,293
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Listed by: Karen Reed • TMT Real Estate Professionals
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1884580
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.