201 Baxter Road APT DMansfieldCT06268
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 201 Baxter Road APT D, Mansfield, CT, 06268 in Mansfield. At $222,500 it earns $2,305/mo in rent and distributes $394/mo to the owner after the $1,001/mo payment, a consistent 12.43% yield. DSCR 2.30 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $61,473 in value; $2,049/yr in principal paydown compounds ownership stake. Total projected return: $112,135.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $394 | $350 |
City averages based on Mansfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,305 |
| Total Monthly Debt Service | $1,822 |
| DSCR Ratio | 1.26x |
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.
Condo
Built in 1966
N/A lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 2,028 (44.0%) |
| Renter Occupied HU | 2,071 (44.9%) |
| Vacant Housing Units | 515 (11.2%) |
| Median Home Value | $362,124 |
| Average Home Value | $387,401 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
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
Condo
Built in 1966
N/A lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 2,028 (44.0%) |
| Renter Occupied HU | 2,071 (44.9%) |
| Vacant Housing Units | 515 (11.2%) |
| Median Home Value | $362,124 |
| Average Home Value | $387,401 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Liriano • Redfin Corporation
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101159
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.