116 N 4th St W #327MadisonKS66860
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 116 N 4th St W #327, Madison, KS, 66860 in Madison is a conservative rental investment at $209,300. Rental yield 6.69%. A 1.24 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $57,826; $1,928/yr in principal paydown supplements. Total projected return: $65,225.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(226) | $350 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,166 |
| Total Monthly Debt Service | $1,309 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66860, Madison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 396 (61.9%) |
| Renter Occupied HU | 113 (17.7%) |
| Vacant Housing Units | 131 (20.5%) |
| Median Home Value | $86,857 |
| Average Home Value | $146,237 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
43
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66860, Madison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 396 (61.9%) |
| Renter Occupied HU | 113 (17.7%) |
| Vacant Housing Units | 131 (20.5%) |
| Median Home Value | $86,857 |
| Average Home Value | $146,237 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices