16 Fairgrounds RoadWoodburyCT06798
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 16 Fairgrounds Road, Woodbury, CT, 06798 in Woodbury is listed at $700,000 and delivers $5,053/mo in rent and $297/mo in net monthly cash flow. The 8.66% yield and 1.61 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $193,397 over five years, and $6,447/yr in principal reduction supplements cash return. Total projected cumulative return: $286,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.5% |
| Monthly Cash Flow | $297 | $1,200 |
City averages based on Woodbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,053 |
| Total Monthly Debt Service | $4,478 |
| 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 1998
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06798, Woodbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,419 (72.4%) |
| Renter Occupied HU | 981 (20.8%) |
| Vacant Housing Units | 321 ( 6.8%) |
| Median Home Value | $497,773 |
| Average Home Value | $572,279 |
Housing Distribution
Address Breakdown
Residential
4,247
Single Family
4,098
Multi-Family
149
Businesses
392
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 1998
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06798, Woodbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,419 (72.4%) |
| Renter Occupied HU | 981 (20.8%) |
| Vacant Housing Units | 321 ( 6.8%) |
| Median Home Value | $497,773 |
| Average Home Value | $572,279 |
Housing Distribution
Address Breakdown
Residential
4,247
Single Family
4,098
Multi-Family
149
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor O'Keefe-Hamel • Drakeley Real Estate, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093733
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.