12 Paddock Lane #12GuilfordCT06437
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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 Guilford at 12 Paddock Lane #12, Guilford, CT, 06437 offers a 7.18% rental yield on a $560,000 purchase with $3,352/mo rent. 18% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,718 over five years. Portfolio math shows five-year ROI at 73.93% and total cumulative return in cash at $136,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,352/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
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Listed by: Laurie Trulock • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129194
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.