1215 Arganese Place #1215TrumbullCT06611
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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
Rental property for sale in Trumbull at 1215 Arganese Place #1215, Trumbull, CT, 06611 generates $3,271/mo in rent and, after a $1,664/mo payment, leaves $961/mo in cash flow. Total monthly income is $3,271/mo, and annual cash flow is $11,534/yr on $112,677 invested. Return on cash invested sits at 30.15% in year one, and rental yield is 11.55% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 158.57% and total cumulative return in cash sums $178,667. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,271/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
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Listed by: Stacy M. Pfannkuch • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24114522