112 Schulman Veslak RoadEast HaddamCT06423
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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
Rental property for sale in East Haddam at 112 Schulman Veslak Road, East Haddam, CT, 06423 priced at $1,300,000 pairs $1,920/mo rent with after a $6,363/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 0.67% in year one, and rental yield stands at 1.77% on a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and 5% annual appreciation accumulates to $359,166 by year five. Five-year ROI measures 0.41% and total cumulative return in cash reaches $1,719. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $6,363/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
10.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06423, East Haddam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,780 (76.6%) |
| Renter Occupied HU | 203 ( 8.7%) |
| Vacant Housing Units | 341 (14.7%) |
| Median Home Value | $468,990 |
| Average Home Value | $574,756 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
107
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Listed by: Heather Fenn • Sunset Creek Realty, LLC
Mls Name: Smart MLS
Mls ID: #24124003