43 Drawbridge RoadPrestonCT06365
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 43 Drawbridge Road, Preston, CT, 06365 in Preston is a conservative rental investment at $495,000. Rental yield 7.27%. A 1.35 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $136,759; $4,559/yr in principal paydown supplements. Total projected return: $165,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 7.0% |
| Monthly Cash Flow | $(366) | $1,500 |
City averages based on Preston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,998 |
| Total Monthly Debt Service | $3,166 |
| DSCR Ratio | 0.95x |
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 1940
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06365, Preston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,113 (100%) |
| Owner Occupied HU | 1,708 (80.8%) |
| Renter Occupied HU | 278 (13.2%) |
| Vacant Housing Units | 127 ( 6.0%) |
| Median Home Value | $380,395 |
| Average Home Value | $483,567 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
1,991
Multi-Family
40
Businesses
65
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 1940
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06365, Preston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,113 (100%) |
| Owner Occupied HU | 1,708 (80.8%) |
| Renter Occupied HU | 278 (13.2%) |
| Vacant Housing Units | 127 ( 6.0%) |
| Median Home Value | $380,395 |
| Average Home Value | $483,567 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
1,991
Multi-Family
40
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucia Uchalova • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24158478
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.