137 Drain StreetHamptonCT06247
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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 Hampton at 137 Drain Street, Hampton, CT, 06247 with 5% annual appreciation on a $300,000 basis while $2,273/mo rent supports operations. Total monthly income totals $2,273/mo and a $1,468/mo payment preserves $235/mo for cash returns. Annual cash flow comes to $2,820/yr on $99,450 deployed, and return on cash invested reaches 22.74% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.09%. Five-year ROI measures 118.83% and total cumulative return in cash totals $118,176.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,273/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
3.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06247, Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,136 (100%) |
| Owner Occupied HU | 963 (84.8%) |
| Renter Occupied HU | 118 (10.4%) |
| Vacant Housing Units | 55 ( 4.8%) |
| Median Home Value | $420,142 |
| Average Home Value | $485,724 |
Housing Distribution
Address Breakdown
Residential
970
Single Family
970
Multi-Family
0
Businesses
31
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Listed by: Kara A. Mazzola • First Choice Realty
Mls Name: Smart MLS
Mls ID: #24131978