243 Kemp RoadScotlandCT06247
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 243 Kemp Road, Scotland, CT, 06247 in Scotland earns a 9.52% gross yield at $450,000. Rent of $3,570/mo nets $512/mo after the $2,023/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $124,327 and $4,145/yr in equity accumulation project a total cumulative return of $204,816.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 9.0% |
| Monthly Cash Flow | $512 | $1,500 |
City averages based on Scotland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,570 |
| Total Monthly Debt Service | $2,878 |
| DSCR Ratio | 1.24x |
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 1990
4.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06247, Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,136 (100%) |
| Owner Occupied HU | 963 (84.8%) |
| Renter Occupied HU | 118 (10.4%) |
| Vacant Housing Units | 55 ( 4.8%) |
| Median Home Value | $420,142 |
| Average Home Value | $485,724 |
Housing Distribution
Address Breakdown
Residential
970
Single Family
970
Multi-Family
0
Businesses
31
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 1990
4.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06247, Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,136 (100%) |
| Owner Occupied HU | 963 (84.8%) |
| Renter Occupied HU | 118 (10.4%) |
| Vacant Housing Units | 55 ( 4.8%) |
| Median Home Value | $420,142 |
| Average Home Value | $485,724 |
Housing Distribution
Address Breakdown
Residential
970
Single Family
970
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassie Ryniewicz • CR Premier Properties
Mls Name: Smart MLS
Mls ID: #24139693