68R Depot Hill RoadCobaltCT06414
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 68R Depot Hill Road, Cobalt, CT, 06414 in Cobalt: $3,614/mo in rent, $558/mo in net income, 9.64% gross yield, 1.79 DSCR, all at $449,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $124,299 in appreciation and $4,144/yr in principal paydown projects total cumulative return of $207,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.0% |
| Monthly Cash Flow | $558 | $1,500 |
City averages based on Cobalt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,614 |
| Total Monthly Debt Service | $2,878 |
| DSCR Ratio | 1.26x |
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 2011
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06414, Cobalt, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 146 (100%) |
| Owner Occupied HU | 136 (93.2%) |
| Renter Occupied HU | 7 ( 4.8%) |
| Vacant Housing Units | 3 ( 2.1%) |
| Median Home Value | $537,975 |
| Average Home Value | $488,695 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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 2011
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06414, Cobalt, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 146 (100%) |
| Owner Occupied HU | 136 (93.2%) |
| Renter Occupied HU | 7 ( 4.8%) |
| Vacant Housing Units | 3 ( 2.1%) |
| Median Home Value | $537,975 |
| Average Home Value | $488,695 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie A. Cohen • All About Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24117323