107 Redwood LaneEast BerlinCT06023
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 107 Redwood Lane, East Berlin, CT, 06023 in East Berlin is capital appreciation. Rental yield 5.89%. The 5.89% gross yield at $575,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $158,862 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.09) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $149,131.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 8.0% |
| Monthly Cash Flow | $(1,095) | $300 |
City averages based on East Berlin 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 | $2,820 |
| Total Monthly Debt Service | $3,686 |
| DSCR Ratio | 0.77x |
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 1996
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06023, East Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 619 (100%) |
| Owner Occupied HU | 509 (82.2%) |
| Renter Occupied HU | 108 (17.4%) |
| Vacant Housing Units | 2 ( 0.3%) |
| Median Home Value | $441,503 |
| Average Home Value | $453,630 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
160
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 1996
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06023, East Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 619 (100%) |
| Owner Occupied HU | 509 (82.2%) |
| Renter Occupied HU | 108 (17.4%) |
| Vacant Housing Units | 2 ( 0.3%) |
| Median Home Value | $441,503 |
| Average Home Value | $453,630 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MJ Agostini • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24169250
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