5 Summertime CirPawcatuckCT06379
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play5 Summertime Cir, Pawcatuck, CT, 06379 in Pawcatuck is priced for appreciation, not yield. Rental yield 2.31%. At $1,213,622 with a 2.31% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $335,301 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.43) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $65,078.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.5% |
| Monthly Cash Flow | $(6,211) | $1,500 |
City averages based on Pawcatuck market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $8,068 |
| DSCR Ratio | 0.29x |
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.
Condo
Built in 2024
N/A lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06379, Pawcatuck, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,337 (100%) |
| Owner Occupied HU | 2,689 (62.0%) |
| Renter Occupied HU | 1,305 (30.1%) |
| Vacant Housing Units | 343 ( 7.9%) |
| Median Home Value | $423,122 |
| Average Home Value | $493,105 |
Housing Distribution
Address Breakdown
Residential
4,074
Single Family
3,861
Multi-Family
213
Businesses
262
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
Condo
Built in 2024
N/A lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06379, Pawcatuck, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,337 (100%) |
| Owner Occupied HU | 2,689 (62.0%) |
| Renter Occupied HU | 1,305 (30.1%) |
| Vacant Housing Units | 343 ( 7.9%) |
| Median Home Value | $423,122 |
| Average Home Value | $493,105 |
Housing Distribution
Address Breakdown
Residential
4,074
Single Family
3,861
Multi-Family
213
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices