101 Route 39 SShermanCT06784
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 101 Route 39 S, Sherman, CT, 06784 in Sherman is narrow, $112/mo net on $2,205/mo rent after the $1,460/mo debt service, but the property operates at break-even-plus, not a loss. At $308,000 with a 8.59% yield, the long-run equity case via 5% appreciation ($85,095 over five years) and $2,582/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $119,041.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.0% |
| Monthly Cash Flow | $112 | $1,200 |
City averages based on Sherman market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,205 |
| Total Monthly Debt Service | $2,045 |
| DSCR Ratio | 1.08x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1944
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06784, Sherman, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,399 (72.4%) |
| Renter Occupied HU | 124 ( 6.4%) |
| Vacant Housing Units | 408 (21.1%) |
| Median Home Value | $657,151 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
96
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Gerschefski • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24214214
