Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Colchester at 123 Dara Drive, Colchester, CT, 06415 priced at $399,900 converts $3,822/mo rent into $1,105/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,822/mo, and annual cash flow totals $13,262/yr on $132,567 invested. Return on cash invested prints 29.91% in year one, and rental yield reads 11.47% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 157.31% and total cumulative return in cash sums $208,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,822/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listed for sale | $399,900 |
| 1999-04-01 | Sold | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-03 | $5611.00 | 5.33% | $195,700 | N/A |
| 2023-08-03 | $5327.00 | 2.13% | $195,700 | 1.61% |
| 2022-08-03 | $5216.00 | -2.61% | $192,600 | 18.09% |
What's Special
Storage,Access Via Hatch
Listed by: Storm Steinberg • Carbutti & Co., Realtors
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115217
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.
