1030 Boston TurnpikeBoltonCT06043
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
Rental property for sale in Bolton at 1030 Boston Turnpike, Bolton, CT, 06043 generates $2,873/mo in rent and, after a $1,762/mo payment, leaves $427/mo in cash flow. Total monthly income is $2,873/mo, and annual cash flow is $5,126/yr on $119,307 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.58% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 126.71% and total cumulative return in cash sums $151,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,873/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06043, Bolton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,083 (100%) |
| Owner Occupied HU | 1,730 (83.1%) |
| Renter Occupied HU | 263 (12.6%) |
| Vacant Housing Units | 90 ( 4.3%) |
| Median Home Value | $392,066 |
| Average Home Value | $431,312 |
Housing Distribution
Address Breakdown
Residential
2,019
Single Family
2,019
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Carnemolla • Campbell-Keune Realty Inc
Mls Name: Smart MLS
Mls ID: #24110307