7217 Iris Bloom 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
Rental property for sale in Madison at 7217 Iris Bloom Drive, Madison, WI, 53719 generates $2,968/mo in rent, after a $2,129/mo payment. Total monthly income is $2,968/mo. Return on cash invested sits at 19.71% in year one, and rental yield is 8.19% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 102.66% and total cumulative return in cash sums $148,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,968/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
No 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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