65 Nida DriveNorthfordCT06472
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 65 Nida Drive, Northford, CT, 06472 in Northford worth study. Rental yield 5.48%. The 5.48% gross yield is below cash-flow benchmarks at $650,000, but 5% annual appreciation, adding $179,583 over five years, frames this as a capital growth position. Rent of $2,970/mo partially offsets the $2,923/mo payment. Ziffy Mortgage finances appreciation-play properties (1.02 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $155,087.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.0% |
| Monthly Cash Flow | $(1,446) | $150 |
City averages based on Northford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,970 |
| Total Monthly Debt Service | $4,158 |
| DSCR Ratio | 0.71x |
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 1970
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06472, Northford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 2,207 (87.8%) |
| Renter Occupied HU | 229 ( 9.1%) |
| Vacant Housing Units | 79 ( 3.1%) |
| Median Home Value | $420,156 |
| Average Home Value | $460,915 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,418
Multi-Family
0
Businesses
177
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 1970
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06472, Northford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 2,207 (87.8%) |
| Renter Occupied HU | 229 ( 9.1%) |
| Vacant Housing Units | 79 ( 3.1%) |
| Median Home Value | $420,156 |
| Average Home Value | $460,915 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,418
Multi-Family
0
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24162132