701 Engelhart DriveMadisonWI53713
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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 701 Engelhart Drive, Madison, WI, 53713 earns $229/mo cash flow from $2,864/mo rent with a $1,909/mo payment. Total monthly income totals $2,864/mo, and annual cash flow totals $2,751/yr on $129,285 capital. ROI tracks 22.04% on current figures, and rental yield reads 8.81% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash sums $148,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,864/mo property income instead of your personal income.
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53713, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,678 (100%) |
| Owner Occupied HU | 3,069 (26.3%) |
| Renter Occupied HU | 8,032 (68.8%) |
| Vacant Housing Units | 577 ( 4.9%) |
| Median Home Value | $293,616 |
| Average Home Value | $368,260 |
Housing Distribution
Address Breakdown
Residential
10,809
Single Family
4,946
Multi-Family
5,863
Businesses
1,050
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Listed by: Amy Thomas • George Realty & Auction
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996796
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.