833 Midland StreetMadisonWI53715
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
Rental property for sale in Madison at 833 Midland Street, Madison, WI, 53715 priced at $1,227,000 pairs $1,883/mo rent with after a $6,006/mo payment. Total monthly income equals $1,883/mo. Return on cash invested is 1.2% in year one, and rental yield stands at 1.84% on a $1,227,000 basis. Equity gained on principal adds $7,918/yr, and 5% annual appreciation accumulates to $338,997 by year five. Five-year ROI measures 3.1% and total cumulative return in cash reaches $12,304. For financing, Ziffy Mortgage’s DSCR program evaluates $1,883/mo property income against a $6,006/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1936
7,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53715, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,967 (100%) |
| Owner Occupied HU | 970 (13.9%) |
| Renter Occupied HU | 5,219 (74.9%) |
| Vacant Housing Units | 778 (11.2%) |
| Median Home Value | $505,338 |
| Average Home Value | $575,378 |
Housing Distribution
Address Breakdown
Residential
5,676
Single Family
2,298
Multi-Family
3,378
Businesses
341
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