29 Bridlepath TrailKillingworthCT06419
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 29 Bridlepath Trail, Killingworth, CT, 06419 in Killingworth hard to pass up. The 14.52% gross yield on a $232,450 purchase results in $2,813/mo in rent and $662/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.69). Annual cash flow of $7,949, five-year appreciation of $64,222, and $2,141/yr in equity build-up combine for a projected total cumulative return of $133,919.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 6.5% |
| Monthly Cash Flow | $662 | $300 |
City averages based on Killingworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,813 |
| Total Monthly Debt Service | $2,058 |
| DSCR Ratio | 1.37x |
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.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
$571 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06419, Killingworth, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,624 (100%) |
| Owner Occupied HU | 2,368 (90.2%) |
| Renter Occupied HU | 124 ( 4.7%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $562,422 |
| Average Home Value | $672,779 |
Housing Distribution
Address Breakdown
Residential
2,590
Single Family
2,590
Multi-Family
0
Businesses
117
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
Manufactured
Built in 2001
N/A lot
$N/A/sqft
$571 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06419, Killingworth, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,624 (100%) |
| Owner Occupied HU | 2,368 (90.2%) |
| Renter Occupied HU | 124 ( 4.7%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $562,422 |
| Average Home Value | $672,779 |
Housing Distribution
Address Breakdown
Residential
2,590
Single Family
2,590
Multi-Family
0
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Waneta J. Lenk • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115577
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.