12 Spectacle Ridge RdSouth KentCT06785
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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 South Kent at 12 Spectacle Ridge Rd, South Kent, CT, 06785 earns from $3,830/mo rent with a $5,624/mo payment. Total monthly income totals $3,830/mo. ROI tracks 7.01% on current figures, and rental yield reads 4% at a $1,149,000 purchase. Equity gained on principal adds $7,414/yr, and 5% annual appreciation supports $317,448 over five years. Five-year ROI reaches 34.6% and total cumulative return in cash sums $128,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,830/mo property income instead of your personal income.
Single Family
Built in 2003
8.33 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06785, South Kent, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 276 (54.0%) |
| Renter Occupied HU | 62 (12.1%) |
| Vacant Housing Units | 173 (33.9%) |
| Median Home Value | $625,000 |
| Average Home Value | $907,292 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
312
Multi-Family
0
Businesses
10
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Listed by: Peter Klemm • Klemm Real Estate Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083790
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.