12 Oak Forest Dr #12ManchesterCT06042
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.52 makes 12 Oak Forest Dr #12, Manchester, CT, 06042 in Manchester one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.19%. The 8.19% yield, 5% annual appreciation ($66,031 over five years), and $2,201/yr in principal reduction project a total cumulative return of $71,413.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $(331) | $285 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,631 |
| Total Monthly Debt Service | $1,867 |
| DSCR Ratio | 0.87x |
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.
Condo
Built in 1984
N/A lot
$N/A/sqft
$338 monthly HOA
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 1984
N/A lot
$N/A/sqft
$338 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Farrell • Carbutti & Co., Realtors
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079200
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