801 Harbor House Drive UNIT 2MadisonWI53719
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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 801 Harbor House Drive UNIT 2, Madison, WI, 53719 at $240,000 posts ROI 20.78% with $58/mo cash flow from $1,872/mo rent. Total monthly income equals $1,872/mo, and annual cash flow records $696/yr on $79,560 to close. Return on cash invested measures 20.78% and rental yield reads 9.36% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 109.32% and total cumulative return in cash totals $86,978.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
N/A lot
$N/A/sqft
$203 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: Lavant Group • NextHome Strategy
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1987735
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.