103 Pleasant View RoadDerbyCT06418
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 Derby at 103 Pleasant View Road, Derby, CT, 06418 with 5% annual appreciation on a $509,500 basis while $3,600/mo rent supports operations. Total monthly income totals $3,600/mo and a $2,494/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,655/yr on $167,626 deployed, and return on cash invested reaches 21.05% in year one. Equity gained on principal adds $3,288/yr, and five-year appreciation sums $140,765 alongside rental yield of 8.48%. Five-year ROI measures 109.7% and total cumulative return in cash totals $183,890.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $2,494/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Hackett • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24132812