107 Chestnut Hill Road #107PortlandCT06480
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 107 Chestnut Hill Road #107, Portland, CT, 06480 in Portland. Rental yield 3.33%. At $557,650 with 3.33% gross yield, current distributions are modest, but the 5% appreciation rate projects $154,068 in new equity by year five, complemented by $5,136/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.62) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $51,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.0% |
| Monthly Cash Flow | $(2,530) | $300 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,548 |
| Total Monthly Debt Service | $3,856 |
| DSCR Ratio | 0.40x |
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 2004
7,840 sqft lot
$N/A/sqft
$289 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06480, Portland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,354 (100%) |
| Owner Occupied HU | 3,139 (72.1%) |
| Renter Occupied HU | 785 (18.0%) |
| Vacant Housing Units | 430 ( 9.9%) |
| Median Home Value | $416,215 |
| Average Home Value | $496,894 |
Housing Distribution
Address Breakdown
Residential
3,933
Single Family
3,879
Multi-Family
54
Businesses
353
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 2004
7,840 sqft lot
$N/A/sqft
$289 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06480, Portland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,354 (100%) |
| Owner Occupied HU | 3,139 (72.1%) |
| Renter Occupied HU | 785 (18.0%) |
| Vacant Housing Units | 430 ( 9.9%) |
| Median Home Value | $416,215 |
| Average Home Value | $496,894 |
Housing Distribution
Address Breakdown
Residential
3,933
Single Family
3,879
Multi-Family
54
Businesses
353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy J. Stetson • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096325
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.