60 Olsen DriveMansfieldCT06250
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 60 Olsen Drive, Mansfield, CT, 06250 in Mansfield worth modelling. At $439,900 with a 8.18% gross yield, the $3,000/mo rent leaves $11/mo after the $1,978/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.52 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $121,536 by year five; $4,052/yr in principal reduction adds further equity. Total projected return: $168,728.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $11 | $350 |
City averages based on Mansfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $2,814 |
| DSCR Ratio | 1.07x |
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 1968
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06250, Mansfield Center, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,631 (69.6%) |
| Renter Occupied HU | 571 (24.3%) |
| Vacant Housing Units | 143 ( 6.1%) |
| Median Home Value | $330,451 |
| Average Home Value | $369,027 |
Housing Distribution
Address Breakdown
Residential
2,137
Single Family
2,136
Multi-Family
1
Businesses
161
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 1968
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06250, Mansfield Center, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,631 (69.6%) |
| Renter Occupied HU | 571 (24.3%) |
| Vacant Housing Units | 143 ( 6.1%) |
| Median Home Value | $330,451 |
| Average Home Value | $369,027 |
Housing Distribution
Address Breakdown
Residential
2,137
Single Family
2,136
Multi-Family
1
Businesses
161
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: #24107174