17 Hill Top LaneNorthfieldCT06778
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 17 Hill Top Lane, Northfield, CT, 06778 in Northfield deserves attention. This $339,900 property earns $3,239/mo in rent, a 11.43% gross yield, and nets $929/mo after the $1,528/mo payment. DSCR 2.12 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $93,908 compounds alongside $3,131/yr in yearly equity build, for a total cumulative return of $189,662.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.0% |
| Monthly Cash Flow | $929 | $1,200 |
City averages based on Northfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,239 |
| Total Monthly Debt Service | $2,174 |
| DSCR Ratio | 1.49x |
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 1963
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
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 1963
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dee Mattera • Luxe Realty LLC
Mls Name: Smart MLS
Mls ID: #24124376