108 Ferndale DriveEastonCT06612
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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 Easton at 108 Ferndale Drive, Easton, CT, 06612 generates $6,704/mo in rent and, after a $4,160/mo payment, leaves $929/mo in cash flow. Total monthly income is $6,704/mo, and annual cash flow is $11,148/yr on $279,650 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 9.46% on a $849,999 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 125.79% and total cumulative return in cash sums $351,765. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,704/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06612, Easton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,716 (100%) |
| Owner Occupied HU | 2,418 (89.0%) |
| Renter Occupied HU | 171 ( 6.3%) |
| Vacant Housing Units | 127 ( 4.7%) |
| Median Home Value | $753,796 |
| Average Home Value | $796,334 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
113
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Listed by: Gary Crawford • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24144973