65 Cardinal DriveGlastonburyCT06033
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 65 Cardinal Drive, Glastonbury, CT, 06033 in Glastonbury: $6,901/mo in rent, $243/mo in net income, 8.45% gross yield, 1.57 DSCR, all at $980,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $270,756 in appreciation and $9,026/yr in principal paydown projects total cumulative return of $389,750.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $243 | $1,500 |
City averages based on Glastonbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,901 |
| Total Monthly Debt Service | $6,269 |
| DSCR Ratio | 1.10x |
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 2001
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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 2001
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Boudinot • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092319
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.