136 Norwich - Lebannon RoadNorth FranklinCT06254
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 1.98 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $77,083 in value, and $2,570/yr in principal paydown steadily builds equity. Projected total cumulative return: $144,608.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $592 | $1,200 |
City averages based on North Franklin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,488 |
| Total Monthly Debt Service | $1,785 |
| DSCR Ratio | 1.39x |
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 1700
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06254, North Franklin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 642 (82.7%) |
| Renter Occupied HU | 92 (11.9%) |
| Vacant Housing Units | 42 ( 5.4%) |
| Median Home Value | $344,444 |
| Average Home Value | $388,310 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
771
Multi-Family
0
Businesses
132
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 1700
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06254, North Franklin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 642 (82.7%) |
| Renter Occupied HU | 92 (11.9%) |
| Vacant Housing Units | 42 ( 5.4%) |
| Median Home Value | $344,444 |
| Average Home Value | $388,310 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
771
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Fournier • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24151004