447 Boston Neck RoadSuffieldCT06078
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Suffield rentals match the income profile of 447 Boston Neck Road, Suffield, CT, 06078. Listed at $390,900, gross rent is $2,126/mo and net cash flow is $699/mo, a 10.36% yield well above national averages. DSCR 1.21 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $107,998 by year five with $3,600/yr in annual principal reduction, projecting $115,161 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.0% |
| Monthly Cash Flow | $699 | $1,500 |
City averages based on Suffield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,126 |
| Total Monthly Debt Service | $2,500 |
| DSCR Ratio | 0.85x |
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.
Multi Family
Built in 1860
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06078, Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,468 (77.3%) |
| Renter Occupied HU | 802 (17.9%) |
| Vacant Housing Units | 216 ( 4.8%) |
| Median Home Value | $486,273 |
| Average Home Value | $536,331 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,135
Multi-Family
213
Businesses
346
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
Multi Family
Built in 1860
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06078, Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,468 (77.3%) |
| Renter Occupied HU | 802 (17.9%) |
| Vacant Housing Units | 216 ( 4.8%) |
| Median Home Value | $486,273 |
| Average Home Value | $536,331 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,135
Multi-Family
213
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory E. Heineman • Trend 2000 Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095068
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.