29 Vandall StNorth GrosvenordaleCT06255
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 29 Vandall St, North Grosvenordale, CT, 06255 in North Grosvenordale at $499,000. Rental yield 7.32%. The 7.32% yield and 1.36 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $137,865 by year five, and $4,596/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $168,227.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 7.0% |
| Monthly Cash Flow | $(346) | $1,200 |
City averages based on North Grosvenordale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,044 |
| Total Monthly Debt Service | $3,192 |
| DSCR Ratio | 0.95x |
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 1958
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06255, North Grosvenordale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,584 (71.4%) |
| Renter Occupied HU | 510 (23.0%) |
| Vacant Housing Units | 126 ( 5.7%) |
| Median Home Value | $371,078 |
| Average Home Value | $471,676 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,462
Multi-Family
28
Businesses
77
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 1958
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06255, North Grosvenordale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,584 (71.4%) |
| Renter Occupied HU | 510 (23.0%) |
| Vacant Housing Units | 126 ( 5.7%) |
| Median Home Value | $371,078 |
| Average Home Value | $471,676 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,462
Multi-Family
28
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1420812