140 Salt Island RoadWestbrookCT06498
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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
Total monthly income runs $2,938/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 7.05% with $2,938/mo rent. Return on cash invested shows 16.59% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 85.83% and total cumulative return in cash records $142,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1951
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06498, Westbrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,096 (100%) |
| Owner Occupied HU | 2,427 (59.3%) |
| Renter Occupied HU | 681 (16.6%) |
| Vacant Housing Units | 988 (24.1%) |
| Median Home Value | $556,877 |
| Average Home Value | $682,440 |
Housing Distribution
Address Breakdown
Residential
3,570
Single Family
3,538
Multi-Family
32
Businesses
347
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Listed by: Shawnna L. Kelly • SalCal Real Estate Connections
Mls Name: Smart MLS
Mls ID: #24125631