7 Lorma AveTrumbullCT06611
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7 Lorma Ave, Trumbull, CT, 06611 in Trumbull is a solid income-producing rental, 8.9% gross yield, $4,726/mo rent, $395/mo net cash flow on a $637,300 buy. DSCR 1.65 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $176,074 and $5,870/yr in principal reduction project a total cumulative return of $268,829.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.5% |
| Monthly Cash Flow | $395 | $300 |
City averages based on Trumbull market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,726 |
| Total Monthly Debt Service | $4,077 |
| DSCR Ratio | 1.16x |
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 1959
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
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 1959
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A