8278 Starr Grass 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 8278 Starr Grass Drive, Madison, WI, 53719 priced at $338,000 converts $2,670/mo rent into $114/mo cash flow after a $1,654/mo obligation. Total monthly income equals $2,670/mo, and annual cash flow totals $1,364/yr on $112,047 invested. Return on cash invested prints 21.13% in year one, and rental yield reads 9.48% against a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation compiles into $93,383 by year five. Five-year ROI reaches 111.17% and total cumulative return in cash sums $124,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,670/mo property income covering a $1,654/mo payment, not borrower’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$250 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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