3 Equestrian DriveGoshenCT06756
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Goshen rentals match the income profile of 3 Equestrian Drive, Goshen, CT, 06756. Listed at $685,000, gross rent is $5,776/mo and net cash flow is $1,121/mo, a 10.12% yield well above national averages. DSCR 1.88 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $189,253 by year five with $6,309/yr in annual principal reduction, projecting $333,752 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.5% |
| Monthly Cash Flow | $1,121 | $300 |
City averages based on Goshen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,776 |
| Total Monthly Debt Service | $4,382 |
| DSCR Ratio | 1.32x |
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 2000
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06756, Goshen, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,190 (69.1%) |
| Renter Occupied HU | 104 ( 6.0%) |
| Vacant Housing Units | 428 (24.9%) |
| Median Home Value | $528,488 |
| Average Home Value | $624,960 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,364
Multi-Family
0
Businesses
82
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 2000
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06756, Goshen, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,190 (69.1%) |
| Renter Occupied HU | 104 ( 6.0%) |
| Vacant Housing Units | 428 (24.9%) |
| Median Home Value | $528,488 |
| Average Home Value | $624,960 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,364
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheryl Nemergut • Integrity Real Estate
Mls Name: Smart MLS
Mls ID: #24116542