1 DriftwayGreenwichCT06830
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1 Driftway, Greenwich, CT, 06830 in Greenwich fits: $1,850,000, 3.57% gross yield, and a projected 5% annual appreciation rate adding $511,121 in value within five years. Rental yield 3.57%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.66) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $17,039/yr in principal paydown and $511,121 in appreciation project a total return of $251,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 4.0% |
| Monthly Cash Flow | $(7,066) | $2,000 |
City averages based on Greenwich market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,504 |
| Total Monthly Debt Service | $11,834 |
| DSCR Ratio | 0.47x |
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.
Single Family
Built in 1949
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06830, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 5,289 (48.3%) |
| Renter Occupied HU | 4,531 (41.4%) |
| Vacant Housing Units | 1,126 (10.3%) |
| Median Home Value | $1,695,934 |
| Average Home Value | $1,552,243 |
Housing Distribution
Address Breakdown
Residential
10,317
Single Family
8,679
Multi-Family
1,638
Businesses
1,499
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 1949
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06830, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 5,289 (48.3%) |
| Renter Occupied HU | 4,531 (41.4%) |
| Vacant Housing Units | 1,126 (10.3%) |
| Median Home Value | $1,695,934 |
| Average Home Value | $1,552,243 |
Housing Distribution
Address Breakdown
Residential
10,317
Single Family
8,679
Multi-Family
1,638
Businesses
1,499
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Jacobson • Houlihan Lawrence
Mls Name: Greenwich MLS, Inc.
Mls ID: #124114