330 Route 66ColumbiaCT06237
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 330 Route 66, Columbia, CT, 06237 in Columbia. Priced at $300,000, it generates $4,835/mo in gross rent and $2,740/mo in net monthly cash flow, a 19.34% yield that comfortably supports the 3.58 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $32,879. Five-year appreciation: $82,884. Equity from principal paydown: $2,763/yr. Total projected cumulative return: $291,136.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.3% | 8.0% |
| Monthly Cash Flow | $2,740 | $300 |
City averages based on Columbia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,835 |
| Total Monthly Debt Service | $1,975 |
| DSCR Ratio | 2.45x |
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 1760
3.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
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 1760
3.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irene M. Sheehan • Weichert,REALTORS-Four Corners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112461
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.