65 Norwich Westerly RoadNorth StoningtonCT06359
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 65 Norwich Westerly Road, North Stonington, CT, 06359 in North Stonington is a conservative rental investment at $380,000. Rental yield 7.9%. A 1.46 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $104,987; $3,500/yr in principal paydown supplements. Total projected return: $139,866.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 8.0% |
| Monthly Cash Flow | $(81) | $250 |
City averages based on North Stonington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,501 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 1.03x |
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 1976
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06359, North Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 1,864 (81.1%) |
| Renter Occupied HU | 221 ( 9.6%) |
| Vacant Housing Units | 212 ( 9.2%) |
| Median Home Value | $413,212 |
| Average Home Value | $451,664 |
Housing Distribution
Address Breakdown
Residential
2,111
Single Family
2,111
Multi-Family
0
Businesses
120
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 1976
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06359, North Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 1,864 (81.1%) |
| Renter Occupied HU | 221 ( 9.6%) |
| Vacant Housing Units | 212 ( 9.2%) |
| Median Home Value | $413,212 |
| Average Home Value | $451,664 |
Housing Distribution
Address Breakdown
Residential
2,111
Single Family
2,111
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Gonyo • RE/MAX Legends
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103707
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.