128 Spaulding RdBrooklynCT06234
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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 Brooklyn at 128 Spaulding Rd, Brooklyn, CT, 06234 priced at $665,000 converts $1,794/mo rent into after a $3,255/mo obligation. Total monthly income equals $1,794/mo. Return on cash invested prints 5.12% in year one, and rental yield reads 3.24% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 24.3% and total cumulative return in cash sums $53,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 1988
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06234, Brooklyn, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,340 (100%) |
| Owner Occupied HU | 2,456 (73.5%) |
| Renter Occupied HU | 741 (22.2%) |
| Vacant Housing Units | 143 ( 4.3%) |
| Median Home Value | $369,510 |
| Average Home Value | $434,897 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,056
Multi-Family
110
Businesses
143
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Listed by: Kristen Kaskela • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086825
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.