15 Forest LaneTollandCT06084
INVESTMENT ANALYSIS
Investment Verdict
Solid Income15 Forest Lane, Tolland, CT, 06084 in Tolland is a solid income-producing rental, 9.78% gross yield, $6,848/mo rent, $1,142/mo net cash flow on a $839,900 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $232,049 and $7,736/yr in principal reduction project a total cumulative return of $394,157.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $1,142 | $400 |
City averages based on Tolland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,848 |
| Total Monthly Debt Service | $5,373 |
| DSCR Ratio | 1.27x |
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 2006
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
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 2006
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Claire Kenna • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24117739