34 Hilltop Drive #34North WindhamCT06256
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 34 Hilltop Drive #34, North Windham, CT, 06256 in North Windham at $293,000, 5.9% gross yield, is a market-growth asset. Rental yield 5.9%. The $1,440/mo rent partially funds the $1,318/mo debt service; the core return is the 5%/yr price growth projected to add $80,951 over five years. Ziffy Mortgage's DSCR mortgage (1.09) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $71,458.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.5% |
| Monthly Cash Flow | $(634) | $400 |
City averages based on North Windham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,957 |
| DSCR Ratio | 0.74x |
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.
Condo
Built in 1999
N/A lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06256, North Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 858 (65.6%) |
| Renter Occupied HU | 388 (29.7%) |
| Vacant Housing Units | 61 ( 4.7%) |
| Median Home Value | $177,206 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
120
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
Condo
Built in 1999
N/A lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06256, North Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 858 (65.6%) |
| Renter Occupied HU | 388 (29.7%) |
| Vacant Housing Units | 61 ( 4.7%) |
| Median Home Value | $177,206 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Seigel • RE/MAX Coast and Country
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104205
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.