10 Grace View DrEastonCT06612
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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 Easton at 10 Grace View Dr, Easton, CT, 06612 offers $5,469/mo rent that, after a $7,317/mo payment. Total monthly income is $5,469/mo. Return on cash invested measures 8.75% in year one, and rental yield stands at 4.39% at a $1,495,000 entry. Equity gained on principal adds $9,647/yr while 5% annual appreciation compounds into $413,041 by year five. Five-year ROI records 43.74% and total cumulative return in cash reaches $211,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,469/mo property income versus a $7,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06612, Easton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,716 (100%) |
| Owner Occupied HU | 2,418 (89.0%) |
| Renter Occupied HU | 171 ( 6.3%) |
| Vacant Housing Units | 127 ( 4.7%) |
| Median Home Value | $753,796 |
| Average Home Value | $796,334 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
113
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Listed by: Alison Sternberg • Brown Harris Stevens
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24064722
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.