92 Fourth AvenueMadisonCT06443
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 92 Fourth Avenue, Madison, CT, 06443 in Madison is narrow, $194/mo net on $1,260/mo rent after the $706/mo debt service, but the property operates at break-even-plus, not a loss. At $156,900 with a 9.64% yield, the long-run equity case via 5% appreciation ($43,349 over five years) and $1,445/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.78 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $72,366.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $194 | $1,200 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,260 |
| Total Monthly Debt Service | $1,004 |
| DSCR Ratio | 1.26x |
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 1960
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
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 1960
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mel Abbott • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24111456