122 Nooks Hill RoadCromwellCT06416
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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 Cromwell at 122 Nooks Hill Road, Cromwell, CT, 06416 at $567,000 posts ROI 6.09% with from $1,680/mo rent. Total monthly income equals $1,680/mo. Return on cash invested measures 6.09% and rental yield reads 3.56% at the current $567,000. Equity gained on principal adds $3,659/yr, and 5% annual appreciation supports $156,652 by year five. Five-year ROI prints 29.49% and total cumulative return in cash totals $55,015. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06416, Cromwell, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,413 (100%) |
| Owner Occupied HU | 4,827 (75.3%) |
| Renter Occupied HU | 1,384 (21.6%) |
| Vacant Housing Units | 202 ( 3.1%) |
| Median Home Value | $406,672 |
| Average Home Value | $444,400 |
Housing Distribution
Address Breakdown
Residential
6,270
Single Family
5,268
Multi-Family
1,002
Businesses
569
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Listed by: Jennifer J. Hussey • Century 21 Clemens Group
Mls Name: Smart MLS
Mls ID: #24123057