Derby, CT — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.8%
Below average
Monthly Cash Flow
-$732
After all expenses
Price-to-Rent
14.9
Investor-friendly
DSCR
0.60
Fails
📊 Key Metrics
- Median Home Price
- $339,871
- Average Rent (3BR)
- $1,900/mo
- Price-to-Rent Ratio
- 14.9(good)
- 1% Rule
- 0.56%(fails — need 1%+)
- Cash-on-Cash Return
- -11.2%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 5%(+0.7% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +1.1% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
1.96%
of assessed value (CT avg)
Median Income
$83,572
household (CT avg)
Rent-to-Income
27.3%
Affordable
Section 8 Max Rent
$1,900/mo
3BR voucher payment
🏛️ CT Investor Climate
Landlord Friendly
4/10
State Income Tax
Has state tax
Property Tax
1.96% effective
Population Trend
+1.1% (3yr)