8206 Starr Grass Drive #401MadisonWI53719
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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 8206 Starr Grass Drive #401, Madison, WI, 53719 uses $66,267 cash to close to unlock $6,682/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $1,898/mo, and a $978/mo payment keeps the spread at $557/mo. Purchase price stands at $199,900, and rental yield measures 11.39% with $1,898/mo rent. Return on cash invested shows 29.99% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 157.58% and total cumulative return in cash records $104,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,898/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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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