745 Merrow Rd APT 141CoventryCT06238
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Coventry rentals match the income profile of 745 Merrow Rd APT 141, Coventry, CT, 06238. Listed at $235,200, gross rent is $2,822/mo and net cash flow is $924/mo, a 14.4% yield well above national averages. DSCR 2.67 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $64,981 by year five with $2,166/yr in annual principal reduction, projecting $150,590 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 5.0% |
| Monthly Cash Flow | $924 | $300 |
City averages based on Coventry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,822 |
| Total Monthly Debt Service | $1,804 |
| DSCR Ratio | 1.56x |
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.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$300 monthly HOA
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
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$300 monthly HOA
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