723 Coralberry LnMadisonOH44057
INVESTMENT ANALYSIS
Investment Verdict
Solid Income723 Coralberry Ln, Madison, OH, 44057 in Madison carries a 1.53 coverage ratio, rent of $1,434/mo is 1.53 times the $940/mo payment. Rental yield 8.23%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $209,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $57,743; total projected cumulative return: $73,490.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(107) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $1,458 |
| DSCR Ratio | 0.98x |
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.
Condo
Built in 2002
0.32 Acres lot
$N/A/sqft
$166 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44057, Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 6,245 (72.2%) |
| Renter Occupied HU | 1,658 (19.2%) |
| Vacant Housing Units | 742 ( 8.6%) |
| Median Home Value | $221,282 |
| Average Home Value | $284,397 |
Housing Distribution
Address Breakdown
Residential
7,974
Single Family
7,824
Multi-Family
150
Businesses
484
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
0.32 Acres lot
$N/A/sqft
$166 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44057, Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 6,245 (72.2%) |
| Renter Occupied HU | 1,658 (19.2%) |
| Vacant Housing Units | 742 ( 8.6%) |
| Median Home Value | $221,282 |
| Average Home Value | $284,397 |
Housing Distribution
Address Breakdown
Residential
7,974
Single Family
7,824
Multi-Family
150
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices