196 Harrison RoadCheshireCT06410
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 196 Harrison Road, Cheshire, CT, 06410 in Cheshire is straightforward: $380,000 in, $2,975/mo in rent, $393/mo out after debt service. The 9.39% gross yield and 1.74 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $104,987 by year five. With $3,500/yr in principal equity, the total cumulative return is projected at $170,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.0% |
| Monthly Cash Flow | $393 | $300 |
City averages based on Cheshire market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,975 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 1.22x |
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 1944
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
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 1944
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ariel R. Tortora • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092936
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.