15 Laurel Mountain RoadWarrenCT06754
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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 Warren at 15 Laurel Mountain Road, Warren, CT, 06754 listed at $380,000 pairs $3,376/mo rent with a $1,860/mo payment to leave $794/mo cash flow. Total monthly income runs $3,376/mo, and annual cash flow reaches $9,528/yr on $125,970 cash to close. Return on cash invested measures 27.47% in year one, and rental yield registers 10.66% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 144.18% and total cumulative return in cash totals $181,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,376/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06754, Cornwall Bridge, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 660 (71.0%) |
| Renter Occupied HU | 79 ( 8.5%) |
| Vacant Housing Units | 191 (20.5%) |
| Median Home Value | $695,833 |
| Average Home Value | $886,678 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
709
Multi-Family
11
Businesses
45
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Listed by: Bonnie Sue Bevans • BRealEstate.net
Mls Name: Smart MLS
Mls Provider:
Mls ID: #170606240
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.