110 Merchants AvenueTaftvilleCT06380
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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 Taftville at 110 Merchants Avenue, Taftville, CT, 06380 earns $220/mo cash flow from $1,572/mo rent with a $974/mo payment. Total monthly income totals $1,572/mo, and annual cash flow totals $2,639/yr on $65,969 capital. ROI tracks 23.91% on current figures, and rental yield reads 9.48% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 125.09% and total cumulative return in cash sums $82,518. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,572/mo property income instead of your personal income.
Single Family
Built in 1940
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06380, Taftville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 471 (33.9%) |
| Renter Occupied HU | 755 (54.4%) |
| Vacant Housing Units | 162 (11.7%) |
| Median Home Value | $214,091 |
| Average Home Value | $327,341 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,045
Multi-Family
378
Businesses
114
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Listed by: Jessica Boswell • LPT Realty
Mls Name: Smart MLS
Mls ID: #24141302