109 Old Post RoadClintonCT06413
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 Clinton at 109 Old Post Road, Clinton, CT, 06413 priced at $525,000 converts $5,250/mo rent into $1,683/mo cash flow after a $2,570/mo obligation. Total monthly income equals $5,250/mo, and annual cash flow totals $20,190/yr on $172,725 invested. Return on cash invested prints 31.75% in year one, and rental yield reads 12% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 167.11% and total cumulative return in cash sums $288,645. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,250/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Margaret Muir • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24139482