125 Salem RoadProspectCT06712
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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
Total monthly income runs $2,826/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 4.52% with $2,826/mo rent. Return on cash invested shows 9.02% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 45.21% and total cumulative return in cash records $111,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,826/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1924
8.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06712, Prospect, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,813 (100%) |
| Owner Occupied HU | 3,462 (90.8%) |
| Renter Occupied HU | 242 ( 6.3%) |
| Vacant Housing Units | 109 ( 2.9%) |
| Median Home Value | $422,004 |
| Average Home Value | $449,272 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
314
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Listed by: Matthew J. Egan • Regency Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24149103