7202 Flagship Drive UNIT 4MadisonWI53719
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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 7202 Flagship Drive UNIT 4, Madison, WI, 53719 uses $80,256 cash to close to unlock $1,970/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,997/mo, and a $1,185/mo payment keeps the spread at $164/mo. Purchase price stands at $242,100, and rental yield measures 9.9% with $1,997/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $66,888 over five years. Five-year ROI reaches 117.87% and total cumulative return in cash records $94,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,997/mo property income covering a $1,185/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$208 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: Tenzin Lhundup • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1982320
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.