901 Vernon RoadMadisonWI53704
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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 901 Vernon Road, Madison, WI, 53704 generates $3,298/mo in rent and, after a $2,200/mo payment, leaves $247/mo in cash flow. Total monthly income is $3,298/mo, and annual cash flow is $2,968/yr on $149,009 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 8.8% on a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation builds toward $124,189 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash sums $170,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,298/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53704, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,230 (100%) |
| Owner Occupied HU | 12,133 (50.1%) |
| Renter Occupied HU | 11,091 (45.8%) |
| Vacant Housing Units | 1,006 ( 4.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $432,267 |
Housing Distribution
Address Breakdown
Residential
23,145
Single Family
14,950
Multi-Family
8,195
Businesses
1,332
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Listed by: Kathy Smith-Epping • Restaino & Associates
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998654
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.