10 West RdClintonCT06413
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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 Clinton at 10 West Rd, Clinton, CT, 06413 priced at $624,900 converts $3,600/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,600/mo. Return on cash invested prints 16.21% in year one, and rental yield reads 6.91% against a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation compiles into $172,648 by year five. Five-year ROI reaches 83.84% and total cumulative return in cash sums $172,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Dylan Walter • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089092
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.