7 Zenith LaneGlastonburyCT06033
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7 Zenith Lane, Glastonbury, CT, 06033 in Glastonbury is a solid income-producing rental, 8.77% gross yield, $5,590/mo rent, $392/mo net cash flow on a $765,000 buy. DSCR 1.63 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $211,355 and $7,046/yr in principal reduction project a total cumulative return of $317,350.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $392 | $1,500 |
City averages based on Glastonbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,590 |
| Total Monthly Debt Service | $4,893 |
| DSCR Ratio | 1.14x |
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 1993
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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 1993
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tatiana&Bill Geist • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24114390