51 Old Springfield Road #151Stafford SpringsCT06076
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 51 Old Springfield Road #151, Stafford Springs, CT, 06076 in Stafford Springs achieves a 1.72 ratio at $115,000: $891/mo rent versus $517/mo debt service. Rental yield 9.3%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.3% yield compounds alongside 5% annual appreciation projecting $31,772 in value. Total projected cumulative return: $50,987.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $(2) | $1,200 |
City averages based on Stafford Springs market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $891 |
| Total Monthly Debt Service | $736 |
| DSCR Ratio | 1.21x |
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.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 3,900 (70.0%) |
| Renter Occupied HU | 1,223 (21.9%) |
| Vacant Housing Units | 451 ( 8.1%) |
| Median Home Value | $295,978 |
| Average Home Value | $378,008 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
5,272
Multi-Family
89
Businesses
321
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 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 3,900 (70.0%) |
| Renter Occupied HU | 1,223 (21.9%) |
| Vacant Housing Units | 451 ( 8.1%) |
| Median Home Value | $295,978 |
| Average Home Value | $378,008 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
5,272
Multi-Family
89
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24186298