4 Elgin DriveTollandCT06084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4 Elgin Drive, Tolland, CT, 06084 in Tolland is a top-tier cash-flow asset. At $150,000 it produces $3,272/mo in rent and $2,253/mo in net monthly income, a 26.18% gross rental yield. The DSCR of 4.85 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $27,039. Five-year appreciation adds $41,442, driving a total cumulative return of $202,280.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.2% | 6.0% |
| Monthly Cash Flow | $2,253 | $400 |
City averages based on Tolland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,272 |
| Total Monthly Debt Service | $959 |
| DSCR Ratio | 3.41x |
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 1962
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
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 1962
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniell Curtis • Our Home Realty Advisors
Mls Name: Smart MLS
Mls ID: #24123231