68 Carter RdWarrenCT06754
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 68 Carter Rd, Warren, CT, 06754 in Warren. Rental yield 7.54%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $129,576 and $4,320/yr in principal reduction project total return of $156,371.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.0% |
| Monthly Cash Flow | $(240) | $1,500 |
City averages based on Warren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,834 |
| Total Monthly Debt Service | $3,000 |
| DSCR Ratio | 0.94x |
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 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06754, Cornwall Bridge, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 660 (71.0%) |
| Renter Occupied HU | 79 ( 8.5%) |
| Vacant Housing Units | 191 (20.5%) |
| Median Home Value | $695,833 |
| Average Home Value | $886,678 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
709
Multi-Family
11
Businesses
45
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 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06754, Cornwall Bridge, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 660 (71.0%) |
| Renter Occupied HU | 79 ( 8.5%) |
| Vacant Housing Units | 191 (20.5%) |
| Median Home Value | $695,833 |
| Average Home Value | $886,678 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
709
Multi-Family
11
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Sniffen • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088389
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