11 Joan DriveNewtownCT06470
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11 Joan Drive, Newtown, CT, 06470 in Newtown deserves attention. This $660,000 property earns $6,505/mo in rent, a 11.83% gross yield, and nets $2,021/mo after the $2,968/mo payment. DSCR 2.19 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $182,346 compounds alongside $6,079/yr in yearly equity build, for a total cumulative return of $382,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.0% |
| Monthly Cash Flow | $2,021 | $300 |
City averages based on Newtown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,505 |
| Total Monthly Debt Service | $4,222 |
| DSCR Ratio | 1.54x |
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 1966
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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 1966
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24164066