188 Under Mountain RdSalisburyCT06068
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 188 Under Mountain Rd, Salisbury, CT, 06068 in Salisbury at $595,000. Rental yield 7.02%. The 7.02% yield and 1.37 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $164,388 by year five, and $5,480/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $202,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 5.0% |
| Monthly Cash Flow | $(562) | $1,500 |
City averages based on Salisbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,664 |
| Total Monthly Debt Service | $3,806 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1860
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06068, Salisbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 563 (47.5%) |
| Renter Occupied HU | 209 (17.6%) |
| Vacant Housing Units | 414 (34.9%) |
| Median Home Value | $993,207 |
| Average Home Value | $1,192,420 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
83
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 1860
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06068, Salisbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 563 (47.5%) |
| Renter Occupied HU | 209 (17.6%) |
| Vacant Housing Units | 414 (34.9%) |
| Median Home Value | $993,207 |
| Average Home Value | $1,192,420 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Harney • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085348
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.