24 Indian DriveClintonCT06413
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 24 Indian Drive, Clinton, CT, 06413 in Clinton fits: $975,000, 5.14% gross yield, and a projected 5% annual appreciation rate adding $269,375 in value within five years. Rental yield 5.14%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.95) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $8,980/yr in principal paydown and $269,375 in appreciation project a total return of $214,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.0% |
| Monthly Cash Flow | $(2,455) | $400 |
City averages based on Clinton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,176 |
| Total Monthly Debt Service | $6,237 |
| DSCR Ratio | 0.67x |
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.
Single Family
Built in 1968
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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 1968
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24160131