83 Mathewson StreetGriswoldCT06351
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 83 Mathewson Street, Griswold, CT, 06351 in Griswold. Rental yield 6.87%. The 1.27 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $104,987 and $3,500/yr in principal reduction project total return of $118,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 8.0% |
| Monthly Cash Flow | $(406) | $400 |
City averages based on Griswold market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,176 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,952 (71.8%) |
| Renter Occupied HU | 1,496 (21.7%) |
| Vacant Housing Units | 452 ( 6.6%) |
| Median Home Value | $331,876 |
| Average Home Value | $371,175 |
Housing Distribution
Address Breakdown
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
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
Multi Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,952 (71.8%) |
| Renter Occupied HU | 1,496 (21.7%) |
| Vacant Housing Units | 452 ( 6.6%) |
| Median Home Value | $331,876 |
| Average Home Value | $371,175 |
Housing Distribution
Address Breakdown
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Viviana Penson-Rodriguez • Leaf Realty Group, LLC
Mls Name: Smart MLS
Mls ID: #24154113