165 Ballamahack RoadWindhamCT06280
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 165 Ballamahack Road, Windham, CT, 06280 in Windham deserves attention. This $299,900 property earns $2,796/mo in rent, a 11.19% gross yield, and nets $758/mo after the $1,349/mo payment. DSCR 2.07 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $82,857 compounds alongside $2,762/yr in yearly equity build, for a total cumulative return of $163,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $758 | $1,200 |
City averages based on Windham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,796 |
| Total Monthly Debt Service | $1,918 |
| DSCR Ratio | 1.46x |
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 1953
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06280, Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 965 (71.5%) |
| Renter Occupied HU | 309 (22.9%) |
| Vacant Housing Units | 75 ( 5.6%) |
| Median Home Value | $276,880 |
| Average Home Value | $336,661 |
Housing Distribution
Address Breakdown
Residential
1,208
Single Family
1,208
Multi-Family
0
Businesses
34
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 1953
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06280, Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 965 (71.5%) |
| Renter Occupied HU | 309 (22.9%) |
| Vacant Housing Units | 75 ( 5.6%) |
| Median Home Value | $276,880 |
| Average Home Value | $336,661 |
Housing Distribution
Address Breakdown
Residential
1,208
Single Family
1,208
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony La Penna • Exceptional Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24153556