701 Vernon AvenueMadisonWI53714
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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 Vernon Avenue, Madison, WI, 53714 at $374,000 posts ROI 27.65% with $800/mo cash flow from $3,310/mo rent. Total monthly income equals $3,310/mo, and annual cash flow records $9,595/yr on $123,981 to close. Return on cash invested measures 27.65% and rental yield reads 10.62% at the current $374,000. Equity gained on principal adds $2,413/yr, and 5% annual appreciation supports $103,329 by year five. Five-year ROI prints 145.04% and total cumulative return in cash totals $179,821.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,310/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53714, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,826 (100%) |
| Owner Occupied HU | 4,426 (56.6%) |
| Renter Occupied HU | 3,175 (40.6%) |
| Vacant Housing Units | 225 ( 2.9%) |
| Median Home Value | $306,378 |
| Average Home Value | $339,362 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
5,921
Multi-Family
1,793
Businesses
395
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Listed by: Rick Corey • Realty Executives Capital City
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1987089
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.