60 Mountain RoadNorth GranbyCT06060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow60 Mountain Road, North Granby, CT, 06060 in North Granby is a top-tier cash-flow asset. At $375,000 it produces $3,432/mo in rent and $884/mo in net monthly income, a 10.98% gross rental yield. The DSCR of 2.04 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,609. Five-year appreciation adds $103,606, driving a total cumulative return of $200,096.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.0% |
| Monthly Cash Flow | $884 | $1,200 |
City averages based on North Granby market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,432 |
| Total Monthly Debt Service | $2,399 |
| DSCR Ratio | 1.43x |
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 1959
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06060, North Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 874 (93.5%) |
| Renter Occupied HU | 40 ( 4.3%) |
| Vacant Housing Units | 21 ( 2.2%) |
| Median Home Value | $471,910 |
| Average Home Value | $505,564 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
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 1959
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06060, North Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 874 (93.5%) |
| Renter Occupied HU | 40 ( 4.3%) |
| Vacant Housing Units | 21 ( 2.2%) |
| Median Home Value | $471,910 |
| Average Home Value | $505,564 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlotte Simmons • eXp Realty
Mls Name: Smart MLS
Mls ID: #24110717