2 Meadow LaneNew MilfordCT06776
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 2 Meadow Lane, New Milford, CT, 06776 in New Milford at $955,000. Rental yield 6.57%. The 6.57% yield and 1.22 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 $263,849 by year five, and $8,796/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $253,381.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.0% |
| Monthly Cash Flow | $(1,764) | $200 |
City averages based on New Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,231 |
| Total Monthly Debt Service | $6,615 |
| DSCR Ratio | 0.79x |
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 1989
0.40 Acres lot
$N/A/sqft
$6,073 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
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 1989
0.40 Acres lot
$N/A/sqft
$6,073 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Dollison • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113729
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.