352 Norfolk RoadLitchfieldCT06759
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 352 Norfolk Road, Litchfield, CT, 06759 in Litchfield speaks for itself: 10.87% gross on a $795,000 price, generating $7,200/mo in rent and $1,798/mo in net income after the $3,575/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,580 stacks alongside $219,644 in projected five-year appreciation and $7,322/yr in principal reduction. Projected total cumulative return: $419,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.1% |
| Monthly Cash Flow | $1,798 | $1,200 |
City averages based on Litchfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,200 |
| Total Monthly Debt Service | $5,085 |
| DSCR Ratio | 1.42x |
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 1976
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
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 1976
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24162889