222 Center Ave NMadeliaMN56062
INVESTMENT ANALYSIS
Investment Verdict
Solid Income222 Center Ave N, Madelia, MN, 56062 in Madelia is a solid income-producing rental, 9.1% gross yield, $1,441/mo rent, $255/mo net cash flow on a $190,000 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $52,494 and $1,750/yr in principal reduction project a total cumulative return of $88,527.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $255 | $450 |
City averages based on Madelia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,441 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.30x |
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.
Single Family
Built in 1928
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56062, Madelia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,310 (100%) |
| Owner Occupied HU | 862 (65.8%) |
| Renter Occupied HU | 336 (25.6%) |
| Vacant Housing Units | 112 ( 8.5%) |
| Median Home Value | $192,910 |
| Average Home Value | $241,589 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,132
Multi-Family
174
Businesses
101
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
Single Family
Built in 1928
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56062, Madelia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,310 (100%) |
| Owner Occupied HU | 862 (65.8%) |
| Renter Occupied HU | 336 (25.6%) |
| Vacant Housing Units | 112 ( 8.5%) |
| Median Home Value | $192,910 |
| Average Home Value | $241,589 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,132
Multi-Family
174
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices