22 Pond Way #POND022North WindhamCT06256
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 22 Pond Way #POND022, North Windham, CT, 06256 in North Windham at $124,800 earns $944/mo in rent and nets $96/mo after the $561/mo payment, a 9.08% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,480 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,149/yr in principal paydown, total projected return reaches $53,845.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $96 | $400 |
City averages based on North Windham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $944 |
| Total Monthly Debt Service | $798 |
| DSCR Ratio | 1.18x |
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.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06256, North Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 858 (65.6%) |
| Renter Occupied HU | 388 (29.7%) |
| Vacant Housing Units | 61 ( 4.7%) |
| Median Home Value | $177,206 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
120
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
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06256, North Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 858 (65.6%) |
| Renter Occupied HU | 388 (29.7%) |
| Vacant Housing Units | 61 ( 4.7%) |
| Median Home Value | $177,206 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jude Gray • Stonegate Manor
Mls Name: My State MLS
Mls ID: #11544719