126 Stepstone Hill RoadGuilfordCT06437
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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 Guilford at 126 Stepstone Hill Road, Guilford, CT, 06437 priced at $600,000 pairs $4,589/mo rent with $512/mo cash flow after a $2,937/mo payment. Total monthly income equals $4,589/mo, and annual cash flow comes to $6,144/yr on $197,400 invested. Return on cash invested is 23.17% in year one, and rental yield stands at 9.18% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 121.11% and total cumulative return in cash reaches $239,064. For financing, Ziffy Mortgage’s DSCR program evaluates $4,589/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
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Listed by: Rose Ciardiello • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24134128