8 Orangewood W UNIT 8DerbyCT06418
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 8 Orangewood W UNIT 8, Derby, CT, 06418 in Derby earns a 11.04% gross yield at $247,900. Rent of $2,280/mo nets $326/mo after the $1,115/mo mortgage. The 2.04 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $68,490 and $2,283/yr in equity accumulation project a total cumulative return of $116,756.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $326 | $400 |
City averages based on Derby market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $1,856 |
| DSCR Ratio | 1.23x |
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.
Condo
Built in 1972
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
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
Condo
Built in 1972
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices