927 Drake StreetMadisonWI53715
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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 927 Drake Street, Madison, WI, 53715 uses $139,197 cash to close to unlock $8,978/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $3,566/mo, and a $2,055/mo payment keeps the spread at $748/mo. Purchase price stands at $419,900, and rental yield measures 10.19% with $3,566/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 138.14% and total cumulative return in cash records $192,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,566/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1909
2,613 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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