12 Ridgeway RoadEastonCT06612
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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 Easton at 12 Ridgeway Road, Easton, CT, 06612 earns from $4,362/mo rent with a $6,358/mo payment. Total monthly income totals $4,362/mo. ROI tracks 7.64% on current figures, and rental yield reads 4.03% at a $1,299,000 purchase. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 over five years. Five-year ROI reaches 37.77% and total cumulative return in cash sums $158,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,362/mo property income instead of your personal income.
Single Family
Built in 1933
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06612, Easton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,716 (100%) |
| Owner Occupied HU | 2,418 (89.0%) |
| Renter Occupied HU | 171 ( 6.3%) |
| Vacant Housing Units | 127 ( 4.7%) |
| Median Home Value | $753,796 |
| Average Home Value | $796,334 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
113
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Listed by: Kelly Higgins • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24150933
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.