523 Route 163MontvilleCT06353
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 523 Route 163, Montville, CT, 06353 in Montville. Rental yield 6.71%. The 1.24 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $77,331 and $2,578/yr in principal reduction project total return of $85,288.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(336) | $1,200 |
City averages based on Montville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,566 |
| Total Monthly Debt Service | $1,790 |
| DSCR Ratio | 0.87x |
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 1925
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06353, Montville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 93 (100%) |
| Owner Occupied HU | 63 (67.7%) |
| Renter Occupied HU | 20 (21.5%) |
| Vacant Housing Units | 10 (10.8%) |
| Median Home Value | $265,625 |
| Average Home Value | $287,698 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
19
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 1925
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06353, Montville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 93 (100%) |
| Owner Occupied HU | 63 (67.7%) |
| Renter Occupied HU | 20 (21.5%) |
| Vacant Housing Units | 10 (10.8%) |
| Median Home Value | $265,625 |
| Average Home Value | $287,698 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jan Ledoux • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24141043