103 Sheephill RdRiversideCT06878
Nearby investment properties with comparable rents
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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 Riverside at 103 Sheephill Rd, Riverside, CT, 06878 offers $6,472/mo rent that, after a $6,544/mo payment. Total monthly income is $6,472/mo. Return on cash invested measures 13.13% in year one, and rental yield stands at 5.81% at a $1,337,050 entry. Equity gained on principal adds $8,628/yr while 5% annual appreciation compounds into $369,402 by year five. Five-year ROI records 67.23% and total cumulative return in cash reaches $291,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,472/mo property income versus a $6,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06878, Riverside, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,196 (75.4%) |
| Renter Occupied HU | 565 (19.4%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $1,682,281 |
| Average Home Value | $1,611,898 |
Housing Distribution
Address Breakdown
Residential
2,861
Single Family
2,728
Multi-Family
133
Businesses
270
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Listed by: Brian Amen • Houlihan Lawrence
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122723
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.