93 Greenwoods Road EastNorfolkCT06058
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 93 Greenwoods Road East, Norfolk, CT, 06058 in Norfolk speaks for itself: 11.6% gross on a $524,900 price, generating $5,072/mo in rent and $1,506/mo in net income after the $2,360/mo debt service. DSCR 2.15, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,072 stacks alongside $145,020 in projected five-year appreciation and $4,834/yr in principal reduction. Projected total cumulative return: $297,319.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.0% |
| Monthly Cash Flow | $1,506 | $1,200 |
City averages based on Norfolk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,072 |
| Total Monthly Debt Service | $3,358 |
| DSCR Ratio | 1.51x |
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 1909
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06058, Norfolk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 591 (60.5%) |
| Renter Occupied HU | 166 (17.0%) |
| Vacant Housing Units | 220 (22.5%) |
| Median Home Value | $591,912 |
| Average Home Value | $676,798 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
513
Multi-Family
28
Businesses
81
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 1909
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06058, Norfolk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 591 (60.5%) |
| Renter Occupied HU | 166 (17.0%) |
| Vacant Housing Units | 220 (22.5%) |
| Median Home Value | $591,912 |
| Average Home Value | $676,798 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
513
Multi-Family
28
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Tomolonius • Evermark Property Group
Mls Name: Smart MLS
Mls ID: #24142630