813 Redland DriveMadisonWI53714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 813 Redland Drive, Madison, WI, 53714 listed at $409,000 pairs $2,626/mo rent with a $2,002/mo payment. Total monthly income runs $2,626/mo. Return on cash invested measures 18.86% in year one, and rental yield registers 7.7% at a $409,000 basis. Equity gained on principal adds $2,639/yr, and annual property appreciation at 5% supports $112,999 by year five. Five-year ROI tracks 97.86% and total cumulative return in cash totals $132,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,626/mo property income relative to a $2,002/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
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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