124 Deepwood DriveAmstonCT06231
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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 Amston at 124 Deepwood Drive, Amston, CT, 06231 priced at $260,000 converts $2,082/mo rent into $307/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,082/mo, and annual cash flow totals $3,686/yr on $86,190 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 9.61% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 126.65% and total cumulative return in cash sums $109,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,082/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1965
4,791 sqft lot
$N/A/sqft
$94 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06231, Amston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,660 (100%) |
| Owner Occupied HU | 1,377 (83.0%) |
| Renter Occupied HU | 169 (10.2%) |
| Vacant Housing Units | 114 ( 6.9%) |
| Median Home Value | $439,650 |
| Average Home Value | $492,246 |
Housing Distribution
Address Breakdown
Residential
1,542
Single Family
1,542
Multi-Family
0
Businesses
29
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Listed by: Cheri Trudon • ERA Blanchard & Rossetto
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098605
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.