12 Edwards RoadPortlandCT06480
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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
Total monthly income runs $1,548/mo, and a $2,129/mo payment. Purchase price stands at $435,000, and rental yield measures 4.27% with $1,548/mo rent. Return on cash invested shows 8.2% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 40.83% and total cumulative return in cash records $58,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,548/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06480, Portland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,354 (100%) |
| Owner Occupied HU | 3,139 (72.1%) |
| Renter Occupied HU | 785 (18.0%) |
| Vacant Housing Units | 430 ( 9.9%) |
| Median Home Value | $416,215 |
| Average Home Value | $496,894 |
Housing Distribution
Address Breakdown
Residential
3,933
Single Family
3,879
Multi-Family
54
Businesses
353
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Listed by: Brian Burke • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24147556