21 Heath StGrotonCT06355
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 21 Heath St, Groton, CT, 06355 in Groton hard to pass up. The 54.75% gross yield on a $789,000 purchase results in $36,000/mo in rent and $30,639/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (10.15). Annual cash flow of $367,669, five-year appreciation of $217,986, and $7,267/yr in equity build-up combine for a projected total cumulative return of $2,272,855.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 54.8% | 7.0% |
| Monthly Cash Flow | $30,639 | $1,500 |
City averages based on Groton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $36,000 |
| Total Monthly Debt Service | $5,047 |
| DSCR Ratio | 7.13x |
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
0.40 Acres lot
$N/A/sqft
No HOA
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
0.40 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices