123 Louis Hill Road #123Sandy HookCT06482
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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 Sandy Hook at 123 Louis Hill Road #123, Sandy Hook, CT, 06482 generates $3,391/mo in rent and, after a $2,276/mo payment, leaves $232/mo in cash flow. Total monthly income is $3,391/mo, and annual cash flow is $2,778/yr on $154,148 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.75% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 113.31% and total cumulative return in cash sums $174,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,391/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06482, Sandy Hook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,264 (100%) |
| Owner Occupied HU | 3,728 (87.4%) |
| Renter Occupied HU | 353 ( 8.3%) |
| Vacant Housing Units | 183 ( 4.3%) |
| Median Home Value | $537,493 |
| Average Home Value | $565,190 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
173
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Listed by: Daniel Reilly • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24132295