14 Red Bridge RdNorth GrosvenordaleCT06255
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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 North Grosvenordale at 14 Red Bridge Rd, North Grosvenordale, CT, 06255 generates $2,040/mo in rent, after a $1,965/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 13.71% in year one, and rental yield is 6.1% on a $401,500 entry. Equity gained on principal adds $2,591/yr, while 5% annual appreciation builds toward $110,927 over five years. Five-year ROI reaches 70.4% and total cumulative return in cash sums $93,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06255, North Grosvenordale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,584 (71.4%) |
| Renter Occupied HU | 510 (23.0%) |
| Vacant Housing Units | 126 ( 5.7%) |
| Median Home Value | $371,078 |
| Average Home Value | $471,676 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,462
Multi-Family
28
Businesses
77
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Listed by: Amy L. Brunet • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090590
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.