23 Misty Meadow RdBurlingtonCT06013
INVESTMENT ANALYSIS
Investment Verdict
Solid Income23 Misty Meadow Rd, Burlington, CT, 06013 in Burlington earns a respectable 8.45% gross yield at $749,900, but after the $3,372/mo mortgage the net cash flow is $188/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.49) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $207,184 over five years, making equity the dominant return driver. Total projected return: $281,396.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $188 | $1,200 |
City averages based on Burlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,018 |
| Total Monthly Debt Service | $4,797 |
| DSCR Ratio | 1.05x |
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 2000
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06013, Burlington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,742 (100%) |
| Owner Occupied HU | 3,383 (90.4%) |
| Renter Occupied HU | 211 ( 5.6%) |
| Vacant Housing Units | 148 ( 4.0%) |
| Median Home Value | $454,238 |
| Average Home Value | $484,427 |
Housing Distribution
Address Breakdown
Residential
3,653
Single Family
3,612
Multi-Family
41
Businesses
175
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 2000
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06013, Burlington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,742 (100%) |
| Owner Occupied HU | 3,383 (90.4%) |
| Renter Occupied HU | 211 ( 5.6%) |
| Vacant Housing Units | 148 ( 4.0%) |
| Median Home Value | $454,238 |
| Average Home Value | $484,427 |
Housing Distribution
Address Breakdown
Residential
3,653
Single Family
3,612
Multi-Family
41
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BROOKE TEAM AT EXP REALTY • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088510
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.