12 Paradise LaneTaftvilleCT06380
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $349,900, 12 Paradise Lane, Taftville, CT, 06380 in Taftville generates $2,528/mo in rent (8.67% yield) but nets only $151/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.61) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $96,671. Total projected return: $143,350.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.0% |
| Monthly Cash Flow | $151 | $150 |
City averages based on Taftville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,528 |
| Total Monthly Debt Service | $2,238 |
| DSCR Ratio | 1.13x |
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 1961
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06380, Taftville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 471 (33.9%) |
| Renter Occupied HU | 755 (54.4%) |
| Vacant Housing Units | 162 (11.7%) |
| Median Home Value | $214,091 |
| Average Home Value | $327,341 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,045
Multi-Family
378
Businesses
114
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 1961
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06380, Taftville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 471 (33.9%) |
| Renter Occupied HU | 755 (54.4%) |
| Vacant Housing Units | 162 (11.7%) |
| Median Home Value | $214,091 |
| Average Home Value | $327,341 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,045
Multi-Family
378
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria F. Marcotte • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24117587