471 Goshen RoadLitchfieldCT06759
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 471 Goshen Road, Litchfield, CT, 06759 in Litchfield: $5,792/mo in rent, $2,327/mo net, 13.63% gross yield, all on a $510,000 acquisition. The 2.53 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $140,904 in value, and $4,697/yr in principal paydown steadily builds equity. Projected total cumulative return: $344,471.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 5.1% |
| Monthly Cash Flow | $2,327 | $1,200 |
City averages based on Litchfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,792 |
| Total Monthly Debt Service | $3,262 |
| DSCR Ratio | 1.78x |
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 1987
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
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 1987
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ileana Santore • Marrin Santore Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099328
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.