10 Gibson AveTrumbullCT06611
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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
Investment Highlights
Rental property for sale in Trumbull at 10 Gibson Ave, Trumbull, CT, 06611 priced at $599,000 pairs $4,619/mo rent with $549/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,619/mo, and annual cash flow comes to $6,587/yr on $197,071 invested. Return on cash invested is 23.4% in year one, and rental yield stands at 9.25% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 122.34% and total cumulative return in cash reaches $241,090. For financing, Ziffy Mortgage’s DSCR program evaluates $4,619/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
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Listed by: Toni-Ann Vittoria • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085068
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.