1517 Homberg LnMadisonWI53716
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Madison rentals match the income profile of 1517 Homberg Ln, Madison, WI, 53716. Listed at $389,900, gross rent is $3,708/mo and net cash flow is $1,091/mo, a 11.41% yield well above national averages. DSCR 2.01 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $107,722 by year five with $3,269/yr in annual principal reduction, projecting $211,653 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.5% |
| Monthly Cash Flow | $1,091 | $450 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,708 |
| Total Monthly Debt Service | $2,557 |
| DSCR Ratio | 1.45x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53716, Madison, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,886 (100%) |
| Owner Occupied HU | 6,090 (68.5%) |
| Renter Occupied HU | 2,571 (28.9%) |
| Vacant Housing Units | 225 ( 2.5%) |
| Median Home Value | $373,588 |
| Average Home Value | $443,211 |
Housing Distribution
Address Breakdown
Residential
8,781
Single Family
6,941
Multi-Family
1,840
Businesses
888
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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
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Nearby investment properties with comparable prices
