1414 Essex 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
Investment property for sale in Westbrook at 1414 Essex Road, Westbrook, CT, 06498 earns $843/mo cash flow from $5,429/mo rent with a $3,304/mo payment. Total monthly income totals $5,429/mo, and annual cash flow totals $10,110/yr on $222,075 capital. ROI tracks 24.61% on current figures, and rental yield reads 9.65% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 128.84% and total cumulative return in cash sums $286,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,429/mo property income instead of your personal income.
Single Family
Built in 2002
3.94 Acres 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: Sharon Linder • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093358
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.