145 River StreetMoosupCT06354
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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 Moosup at 145 River Street, Moosup, CT, 06354 priced at $299,900 converts $2,280/mo rent into $242/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,280/mo, and annual cash flow totals $2,906/yr on $99,417 invested. Return on cash invested prints 22.83% in year one, and rental yield reads 9.12% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 119.34% and total cumulative return in cash sums $118,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06354, Moosup, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,673 (64.9%) |
| Renter Occupied HU | 739 (28.7%) |
| Vacant Housing Units | 166 ( 6.4%) |
| Median Home Value | $371,389 |
| Average Home Value | $397,037 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,209
Multi-Family
109
Businesses
88
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Listed by: Gia Parmentier • Re/Max Results
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24122378
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.