3 West Mountain RoadSharonCT06069
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 3 West Mountain Road, Sharon, CT, 06069 in Sharon the bet is firmly on appreciation. Rental yield 3.79%. The 3.79% gross yield on a $1,065,000 price is below income-first thresholds, but 5%/yr value growth projects $294,240 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.70) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $157,214.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 7.2% |
| Monthly Cash Flow | $(3,876) | $1,200 |
City averages based on Sharon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $6,812 |
| DSCR Ratio | 0.49x |
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 2008
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06069, Sharon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 972 (58.4%) |
| Renter Occupied HU | 215 (12.9%) |
| Vacant Housing Units | 478 (28.7%) |
| Median Home Value | $681,111 |
| Average Home Value | $900,139 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
163
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 2008
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06069, Sharon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 972 (58.4%) |
| Renter Occupied HU | 215 (12.9%) |
| Vacant Housing Units | 478 (28.7%) |
| Median Home Value | $681,111 |
| Average Home Value | $900,139 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24157788