912 Corbin AvenueNew BritainCT06052
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 912 Corbin Avenue, New Britain, CT, 06052 in New Britain at $604,000, 4.76% gross yield, is a market-growth asset. Rental yield 4.76%. The $2,396/mo rent partially funds the $2,716/mo debt service; the core return is the 5%/yr price growth projected to add $166,874 over five years. Ziffy Mortgage's DSCR mortgage (0.88) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $120,734.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 7.2% |
| Monthly Cash Flow | $(1,707) | $450 |
City averages based on New Britain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,396 |
| Total Monthly Debt Service | $3,864 |
| DSCR Ratio | 0.62x |
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 1928
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 1,896 (52.9%) |
| Renter Occupied HU | 1,387 (38.7%) |
| Vacant Housing Units | 303 ( 8.4%) |
| Median Home Value | $305,235 |
| Average Home Value | $368,505 |
Housing Distribution
Address Breakdown
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
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 1928
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 1,896 (52.9%) |
| Renter Occupied HU | 1,387 (38.7%) |
| Vacant Housing Units | 303 ( 8.4%) |
| Median Home Value | $305,235 |
| Average Home Value | $368,505 |
Housing Distribution
Address Breakdown
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ingrid A. Pierce • RE/MAX RISE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091442
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.