12 Old Forge Hollow RdBantamCT06750
Nearby investment properties with comparable rents
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 Bantam at 12 Old Forge Hollow Rd, Bantam, CT, 06750 priced at $975,000 converts $9,000/mo rent into $2,376/mo cash flow after a $4,772/mo obligation. Total monthly income equals $9,000/mo, and annual cash flow totals $28,506/yr on $320,775 invested. Return on cash invested prints 28.95% in year one, and rental yield reads 11.08% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 152.07% and total cumulative return in cash sums $487,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,000/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 1928
7.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06750, Bantam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 498 (61.8%) |
| Renter Occupied HU | 211 (26.2%) |
| Vacant Housing Units | 97 (12.0%) |
| Median Home Value | $378,761 |
| Average Home Value | $545,522 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
482
Multi-Family
93
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Ward • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080423
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.