111 West StreetHebronCT06248
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 Hebron at 111 West Street, Hebron, CT, 06248 priced at $305,000 pairs $2,764/mo rent with $692/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,764/mo, and annual cash flow comes to $8,298/yr on $101,108 invested. Return on cash invested is 28.12% in year one, and rental yield stands at 10.87% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 147.67% and total cumulative return in cash reaches $149,302. For financing, Ziffy Mortgage’s DSCR program evaluates $2,764/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06248, Hebron, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,807 (88.2%) |
| Renter Occupied HU | 178 ( 8.7%) |
| Vacant Housing Units | 64 ( 3.1%) |
| Median Home Value | $385,453 |
| Average Home Value | $439,626 |
Housing Distribution
Address Breakdown
Residential
2,054
Single Family
2,031
Multi-Family
23
Businesses
184
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Listed by: Waneta J. Lenk • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095660
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.