1020 Old Clinton RoadWestbrookCT06498
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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 Westbrook at 1020 Old Clinton Road, Westbrook, CT, 06498 listed at $379,000 pairs $3,491/mo rent with a $1,855/mo payment to leave $916/mo cash flow. Total monthly income runs $3,491/mo, and annual cash flow reaches $10,991/yr on $125,639 cash to close. Return on cash invested measures 28.66% in year one, and rental yield registers 11.05% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 150.55% and total cumulative return in cash totals $189,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,491/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06498, Westbrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,096 (100%) |
| Owner Occupied HU | 2,427 (59.3%) |
| Renter Occupied HU | 681 (16.6%) |
| Vacant Housing Units | 988 (24.1%) |
| Median Home Value | $556,877 |
| Average Home Value | $682,440 |
Housing Distribution
Address Breakdown
Residential
3,570
Single Family
3,538
Multi-Family
32
Businesses
347
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Listed by: Erin Connelly • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24152523