21 Hill Top LaneNorthfieldCT06778
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 21 Hill Top Lane, Northfield, CT, 06778 in Northfield is narrow, $88/mo net on $1,990/mo rent after the $1,259/mo debt service, but the property operates at break-even-plus, not a loss. At $279,900 with a 8.53% yield, the long-run equity case via 5% appreciation ($77,331 over five years) and $2,578/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.58 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $112,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.0% |
| Monthly Cash Flow | $88 | $1,200 |
City averages based on Northfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,990 |
| Total Monthly Debt Service | $1,790 |
| DSCR Ratio | 1.11x |
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 1967
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
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 1967
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Rousseau • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24148972