111 North Hamilton Street #303MadisonWI53703
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Madison rental at 111 North Hamilton Street #303, Madison, WI, 53703 sits in the solid-income band: 11.14% gross yield, $2,915/mo rent, $426/mo net after the $1,412/mo debt service, DSCR 2.06. Entry price of $314,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $86,752 and $2,892/yr in principal reduction bring total cumulative return to $148,913.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.5% |
| Monthly Cash Flow | $426 | $450 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,915 |
| Total Monthly Debt Service | $2,364 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
N/A lot
$N/A/sqft
$276 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53703, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,266 (100%) |
| Owner Occupied HU | 2,504 (11.2%) |
| Renter Occupied HU | 18,420 (82.7%) |
| Vacant Housing Units | 1,342 ( 6.0%) |
| Median Home Value | $559,727 |
| Average Home Value | $640,792 |
Housing Distribution
Address Breakdown
Residential
19,094
Single Family
4,194
Multi-Family
14,900
Businesses
1,438
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
Condo
Built in 2002
N/A lot
$N/A/sqft
$276 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53703, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,266 (100%) |
| Owner Occupied HU | 2,504 (11.2%) |
| Renter Occupied HU | 18,420 (82.7%) |
| Vacant Housing Units | 1,342 ( 6.0%) |
| Median Home Value | $559,727 |
| Average Home Value | $640,792 |
Housing Distribution
Address Breakdown
Residential
19,094
Single Family
4,194
Multi-Family
14,900
Businesses
1,438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
