141 Dowd AvenueCantonCT06019
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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 Canton at 141 Dowd Avenue, Canton, CT, 06019 offers $4,915/mo rent that, after a $2,829/mo payment, leaves $988/mo cash flow. Total monthly income is $4,915/mo, and annual cash flow is $11,854/yr on $190,162 cash. Return on cash invested measures 26.29% in year one, and rental yield stands at 10.2% at a $578,000 entry. Equity gained on principal adds $3,730/yr while 5% annual appreciation compounds into $159,691 by year five. Five-year ROI records 137.84% and total cumulative return in cash reaches $262,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,915/mo property income versus a $2,829/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1850
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Rachel Devlin • Mary LeBlanc Realty
Mls Name: Smart MLS
Mls ID: #24137489