10 Pond RoadNorth FranklinCT06254
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
Investment Highlights
Investment property for sale in North Franklin at 10 Pond Road, North Franklin, CT, 06254 with 5% annual appreciation on a $349,000 basis while $2,438/mo rent supports operations. Total monthly income totals $2,438/mo and a $1,708/mo payment preserves $67/mo for cash returns. Annual cash flow comes to $803/yr on $115,694 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 8.38%. Five-year ROI measures 107.35% and total cumulative return in cash totals $124,200.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,438/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1869
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06254, North Franklin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 642 (82.7%) |
| Renter Occupied HU | 92 (11.9%) |
| Vacant Housing Units | 42 ( 5.4%) |
| Median Home Value | $344,444 |
| Average Home Value | $388,310 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
771
Multi-Family
0
Businesses
132
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Nearby investment properties with comparable prices
Listed by: James Kelly • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24151082