6842 Park Ridge DriveMadisonWI53719
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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 6842 Park Ridge Drive, Madison, WI, 53719 listed at $199,000 pairs $2,021/mo rent with a $974/mo payment to leave $295/mo cash flow. Total monthly income runs $2,021/mo, and annual cash flow reaches $3,546/yr on $65,969 cash to close. Return on cash invested measures 25.28% in year one, and rental yield registers 12.19% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 134.96% and total cumulative return in cash totals $89,034. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,021/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$390 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: Yoo Realty Group • Real Broker LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1982901
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.