392 Hawthorne AveDerbyCT06418
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder392 Hawthorne Ave, Derby, CT, 06418 in Derby is a stable, well-positioned rental at $499,000. Rental yield 7.52%. DSCR 1.39 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $137,865 in value and $4,596/yr in principal paydown builds equity, a total projected return of $173,495.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.0% |
| Monthly Cash Flow | $(264) | $400 |
City averages based on Derby market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,126 |
| Total Monthly Debt Service | $3,192 |
| DSCR Ratio | 0.98x |
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 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
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 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices