119 Town Hill RdWarrenCT06754
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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 Warren at 119 Town Hill Rd, Warren, CT, 06754 offers a 7.47% rental yield on a $595,000 purchase with $3,704/mo rent. 99% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 93.3% and total cumulative return in cash at $182,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,704/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1790
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06754, Cornwall Bridge, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 660 (71.0%) |
| Renter Occupied HU | 79 ( 8.5%) |
| Vacant Housing Units | 191 (20.5%) |
| Median Home Value | $695,833 |
| Average Home Value | $886,678 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
709
Multi-Family
11
Businesses
45
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Listed by: Brierley Hannan • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085889
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.