23 Highcrest Drive #23Rocky HillCT06067
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 23 Highcrest Drive #23, Rocky Hill, CT, 06067 in Rocky Hill offers it: the 1.59 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.57%. Long-term, 5% appreciation is forecast to add $99,461, and $3,316/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $125,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.5% |
| Monthly Cash Flow | $(213) | $300 |
City averages based on Rocky Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,570 |
| Total Monthly Debt Service | $2,640 |
| DSCR Ratio | 0.97x |
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.
Condo
Built in 1984
N/A lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
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 1984
N/A lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Lou Manners • Century 21 Clemens Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100723
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.