124 S Kent RdSouth KentCT06785
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Kent at 124 S Kent Rd, South Kent, CT, 06785 offers a 10.93% rental yield on a $399,000 purchase with $3,634/mo rent. Total monthly income registers $3,634/mo, and a $1,953/mo payment leaves $923/mo available for distribution. Annual cash flow reaches $11,075/yr on $132,269 to close, and return on cash invested stands at 28.28% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 148.53% and total cumulative return in cash at $196,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,634/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
4.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06785, South Kent, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 276 (54.0%) |
| Renter Occupied HU | 62 (12.1%) |
| Vacant Housing Units | 173 (33.9%) |
| Median Home Value | $625,000 |
| Average Home Value | $907,292 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
312
Multi-Family
0
Businesses
10
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Nearby investment properties with comparable prices
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