11 College Hill RdCanaanCT06018
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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
Investment property for sale in Canaan at 11 College Hill Rd, Canaan, CT, 06018 listed at $842,100 pairs $5,988/mo rent with a $4,122/mo payment to leave $266/mo cash flow. Total monthly income runs $5,988/mo, and annual cash flow reaches $3,192/yr on $277,051 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 8.53% at a $842,100 basis. Equity gained on principal adds $5,434/yr, and annual property appreciation at 5% supports $232,657 by year five. Five-year ROI tracks 110.59% and total cumulative return in cash totals $306,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,988/mo property income relative to a $4,122/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06018, Canaan, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,336 (100%) |
| Owner Occupied HU | 758 (56.7%) |
| Renter Occupied HU | 424 (31.7%) |
| Vacant Housing Units | 154 (11.5%) |
| Median Home Value | $305,785 |
| Average Home Value | $398,186 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
778
Multi-Family
182
Businesses
195
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Listed by: N/A • N/A
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