14 Bullard RoadNorth FranklinCT06254
Nearby investment properties with comparable rents
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
Rental property for sale in North Franklin at 14 Bullard Road, North Franklin, CT, 06254 generates $2,837/mo in rent and, after a $1,566/mo payment, leaves $663/mo in cash flow. Total monthly income is $2,837/mo, and annual cash flow is $7,956/yr on $106,080 invested. Return on cash invested sits at 27.41% in year one, and rental yield is 10.64% on a $319,999 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 143.84% and total cumulative return in cash sums $152,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,837/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06254, North Franklin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 642 (82.7%) |
| Renter Occupied HU | 92 (11.9%) |
| Vacant Housing Units | 42 ( 5.4%) |
| Median Home Value | $344,444 |
| Average Home Value | $388,310 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
771
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin A Davis • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24149711