6758 Park Ridge Drive UNIT BMadisonWI53719
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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
Investment property for sale in Madison at 6758 Park Ridge Drive UNIT B, Madison, WI, 53719 uses $62,985 cash to close to unlock $4,114/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,903/mo, and a $930/mo payment keeps the spread at $343/mo. Purchase price stands at $190,000, and rental yield measures 12.02% with $1,903/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 140.55% and total cumulative return in cash records $88,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1984
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: Mark Gladue • Lauer Realty Group, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1987586
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.