129 Russell AvenueOrangeCT06477
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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 Orange at 129 Russell Avenue, Orange, CT, 06477 offers a 8.37% rental yield on a $575,000 purchase with $4,013/mo rent. Total monthly income registers $4,013/mo, and a $2,814/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,278/yr on $189,175 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 108.05% and total cumulative return in cash at $204,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,013/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,541 (100%) |
| Owner Occupied HU | 4,693 (84.7%) |
| Renter Occupied HU | 668 (12.1%) |
| Vacant Housing Units | 180 ( 3.2%) |
| Median Home Value | $503,024 |
| Average Home Value | $549,410 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
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Listed by: Victor A. Jaquez • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24110983