116 Commerce Street #15, Clinton, CT, 06413 | $566/mo Cash Flow

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116 Commerce Street #15, Clinton, CT, 06413 | $566/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Clinton at 116 Commerce Street #15, Clinton, CT, 06413 earns $566/mo cash flow from $2,366/mo rent with a $1,297/mo payment. Total monthly income totals $2,366/mo, and annual cash flow totals $6,786/yr on $87,848 capital. ROI tracks 27.63% on current figures, and rental yield reads 10.71% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 145.09% and total cumulative return in cash sums $127,455. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,366/mo property income instead of your personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Presenting Unit 15 at Harbor's Edge, in the shoreline CT town of Clinton! This townhouse has been thoughtfully renovated from top to bottom, offering a fresh and modern living space. The eat-in kitchen is a standout feature, equipped with stainless steel appliances and opening to a quaint deck- ideal for grilling and enjoying the outdoors. Upstairs, you will find two comfortably sized bedrooms and a full bathroom, providing both functionality and convenience. A full basement with a stackable washer and dryer adds to the ease of everyday living. Harbor's Edge is a pet-friendly community just a short stroll from Long Island Sound and Main Street- offering the best of coastal and small-town living!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,195 (100%)
Owner Occupied HU	4,509 (72.8%)
Renter Occupied HU	1,064 (17.2%)
Vacant Housing Units	622 (10.0%)
Median Home Value	$438,249
Average Home Value	$494,930