708R Haddam Quarter Rd #RDurhamCT06422
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow708R Haddam Quarter Rd #R, Durham, CT, 06422 in Durham earns its strong cash-flow label: 11.32% yield, $4,717/mo rent, $1,321/mo net income, DSCR 2.10. The $499,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $138,113 by year five. Combined with $4,604/yr in principal paydown, total projected return reaches $275,874.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.0% |
| Monthly Cash Flow | $1,321 | $1,200 |
City averages based on Durham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,717 |
| Total Monthly Debt Service | $3,198 |
| DSCR Ratio | 1.48x |
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 1985
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06422, Durham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,876 (100%) |
| Owner Occupied HU | 2,574 (89.5%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 102 ( 3.5%) |
| Median Home Value | $459,516 |
| Average Home Value | $524,994 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
263
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 1985
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06422, Durham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,876 (100%) |
| Owner Occupied HU | 2,574 (89.5%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 102 ( 3.5%) |
| Median Home Value | $459,516 |
| Average Home Value | $524,994 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Huscher Team at Real Broker CT • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092256
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.