24 Deer RunSomersCT06071
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow24 Deer Run, Somers, CT, 06071 in Somers earns its strong cash-flow label: 14.9% yield, $5,340/mo rent, $2,418/mo net income, DSCR 2.76. The $430,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $118,801 by year five. Combined with $3,960/yr in principal paydown, total projected return reaches $319,773.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.9% | 6.2% |
| Monthly Cash Flow | $2,418 | $1,500 |
City averages based on Somers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,340 |
| Total Monthly Debt Service | $2,751 |
| DSCR Ratio | 1.94x |
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 1984
5.22 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 1984
5.22 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert D. Lang • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24118242