419 W Madison StMadisonKS66860
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 419 W Madison St, Madison, KS, 66860 in Madison is priced for capital growth, not immediate cash flow. The $189,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $52,217 by year five, with $1,741/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Madison market data in our database. Property projections are estimates.
Single Family
Built in 1925
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
No similar rental properties found nearby.
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 1925
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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Gwen Longbine • RE/MAX EK Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238403
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