117 Crest RoadMiddleburyCT06762
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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 Middlebury at 117 Crest Road, Middlebury, CT, 06762 generates $2,640/mo in rent, after a $3,715/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 7.96% in year one, and rental yield is 4.17% on a $759,000 entry. Equity gained on principal adds $4,898/yr, while 5% annual appreciation builds toward $209,698 over five years. Five-year ROI reaches 39.54% and total cumulative return in cash sums $98,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06762, Middlebury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 2,778 (85.9%) |
| Renter Occupied HU | 280 ( 8.7%) |
| Vacant Housing Units | 177 ( 5.5%) |
| Median Home Value | $498,512 |
| Average Home Value | $531,036 |
Housing Distribution
Address Breakdown
Residential
3,042
Single Family
2,970
Multi-Family
72
Businesses
402
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Nearby investment properties with comparable prices
Listed by: Lori Geraci • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls ID: #24147892