301 Calhoun StreetWashington DepotCT06794
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 301 Calhoun Street, Washington Depot, CT, 06794 in Washington Depot: $8,400/mo in rent, $2,455/mo net, 11.52% gross yield, all on a $875,000 acquisition. The 2.13 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $241,746 in value, and $8,059/yr in principal paydown steadily builds equity. Projected total cumulative return: $492,035.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.0% |
| Monthly Cash Flow | $2,455 | $1,500 |
City averages based on Washington Depot market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,400 |
| Total Monthly Debt Service | $5,597 |
| DSCR Ratio | 1.50x |
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 1963
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06794, Washington Depot, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 344 (52.2%) |
| Renter Occupied HU | 103 (15.6%) |
| Vacant Housing Units | 212 (32.2%) |
| Median Home Value | $712,264 |
| Average Home Value | $1,028,016 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
538
Multi-Family
10
Businesses
121
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 1963
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06794, Washington Depot, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 344 (52.2%) |
| Renter Occupied HU | 103 (15.6%) |
| Vacant Housing Units | 212 (32.2%) |
| Median Home Value | $712,264 |
| Average Home Value | $1,028,016 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
538
Multi-Family
10
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carla P. Mascaro • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078144
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.