41 Hermit LnWestportCT06880
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 41 Hermit Ln, Westport, CT, 06880 in Westport worth study. Rental yield 3.62%. The 3.62% gross yield is below cash-flow benchmarks at $1,850,000, but 5% annual appreciation, adding $511,121 over five years, frames this as a capital growth position. Rent of $6,105/mo partially offsets the $8,319/mo payment. Ziffy Mortgage finances appreciation-play properties (0.73 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $290,320.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.0% |
| Monthly Cash Flow | $(6,989) | $2,000 |
City averages based on Westport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,105 |
| Total Monthly Debt Service | $11,834 |
| DSCR Ratio | 0.52x |
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 1969
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
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 1969
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bross Chingas Bross Team at Coldwell Banker • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089500
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.