102 Melius RoadWarrenCT06754
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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
Investment property for sale in Warren at 102 Melius Road, Warren, CT, 06754 projects strong ROI of 2.58%. Rental yield 2.39%. With 5% annual appreciation, the property builds $2,044,484 in value over five years. Equity growth combined delivers a projected five-year ROI of 10.63%, translating into $254,944 in total cumulative return on $2,397,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1799
101.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06754, Cornwall Bridge, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 660 (71.0%) |
| Renter Occupied HU | 79 ( 8.5%) |
| Vacant Housing Units | 191 (20.5%) |
| Median Home Value | $695,833 |
| Average Home Value | $886,678 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
709
Multi-Family
11
Businesses
45
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Listed by: Andrew Gates • Houlihan Lawrence, Inc.
Mls Name: HVCRMLS
Mls ID: #20255136