133 Music Vale RdSalemCT06420
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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
Investment property for sale in Salem at 133 Music Vale Rd, Salem, CT, 06420 listed at $573,900 pairs $4,616/mo rent with a $2,809/mo payment to leave $717/mo cash flow. Total monthly income runs $4,616/mo, and annual cash flow reaches $8,599/yr on $188,813 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.65% at a $573,900 basis. Equity gained on principal adds $3,703/yr, and annual property appreciation at 5% supports $158,558 by year five. Five-year ROI tracks 128.85% and total cumulative return in cash totals $243,289. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,616/mo property income relative to a $2,809/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
4.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06420, Salem, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,765 (100%) |
| Owner Occupied HU | 1,453 (82.3%) |
| Renter Occupied HU | 202 (11.4%) |
| Vacant Housing Units | 110 ( 6.2%) |
| Median Home Value | $414,809 |
| Average Home Value | $443,741 |
Housing Distribution
Address Breakdown
Residential
1,787
Single Family
1,739
Multi-Family
48
Businesses
77
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Listed by: Linda Barrett • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093619
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