11 Park LaneTrumbullCT06611
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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 Trumbull at 11 Park Lane, Trumbull, CT, 06611 with 5% annual appreciation on a $789,000 basis while $4,081/mo rent supports operations. 14% in year one. Equity gained on principal adds $5,091/yr, and five-year appreciation sums $217,986 alongside rental yield of 6.21%. Five-year ROI measures 72.68% and total cumulative return in cash totals $188,674. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,081/mo property income versus a $3,862/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
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Listed by: Kelly Higgins Team • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107157
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.