118 Ashford Road #6EastfordCT06242
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 118 Ashford Road #6, Eastford, CT, 06242 in Eastford delivers $2,845/mo in gross rent and $416/mo in net monthly income at a $295,000 entry. The 11.57% yield and 2.14 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $81,503 over five years and $2,717/yr in equity from loan paydown, total projected return is $141,234.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.0% |
| Monthly Cash Flow | $416 | $300 |
City averages based on Eastford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,845 |
| Total Monthly Debt Service | $2,312 |
| DSCR Ratio | 1.23x |
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.
Condo
Built in 2015
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06242, Eastford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 438 (70.6%) |
| Renter Occupied HU | 92 (14.8%) |
| Vacant Housing Units | 90 (14.5%) |
| Median Home Value | $403,676 |
| Average Home Value | $422,078 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
46
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
Condo
Built in 2015
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06242, Eastford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 438 (70.6%) |
| Renter Occupied HU | 92 (14.8%) |
| Vacant Housing Units | 90 (14.5%) |
| Median Home Value | $403,676 |
| Average Home Value | $422,078 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Kimlingen • First Choice Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111610
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.