12 Murphys Lane #12SheltonCT06484
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 12 Murphys Lane #12, Shelton, CT, 06484 in Shelton at $289,000 earns $1,972/mo in rent and nets $8/mo after the $1,300/mo payment, a 8.19% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $79,845 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $2,662/yr in principal paydown, total projected return reaches $110,848.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $8 | $350 |
City averages based on Shelton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,972 |
| Total Monthly Debt Service | $1,849 |
| DSCR Ratio | 1.07x |
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 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
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 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Myla K. Chadwick • Real Broker CT, LLC
Mls Name: Smart MLS
Mls ID: #24124113