116 Thornbush RoadWethersfieldCT06109
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 116 Thornbush Road, Wethersfield, CT, 06109 in Wethersfield at $711,500, 4.56% gross yield, is a market-growth asset. Rental yield 4.56%. The $3,833/mo rent partially funds the $3,199/mo debt service; the core return is the 5%/yr price growth projected to add $196,574 over five years. Ziffy Mortgage's DSCR mortgage (1.20) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $206,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(2,694) | $1,200 |
City averages based on Wethersfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,833 |
| Total Monthly Debt Service | $4,561 |
| DSCR Ratio | 0.84x |
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 1964
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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 1964
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helen Krzyczynski • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096266
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.