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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Canterbury at 15 Marion Ln, Canterbury, CT, 06331 listed at $399,000 pairs $1,440/mo rent with a $1,953/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 8.38% in year one, and rental yield registers 4.33% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 41.79% and total cumulative return in cash totals $55,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06331, Canterbury, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,751 (84.8%) |
| Renter Occupied HU | 222 (10.7%) |
| Vacant Housing Units | 93 ( 4.5%) |
| Median Home Value | $363,413 |
| Average Home Value | $423,514 |
Residential
1,991
Single Family
1,915
Multi-Family
76
Businesses
92
Date | Event | Price |
|---|---|---|
| 2012-01-15 | Listing removed | $209,500 |
| 2011-10-14 | Listed for sale | $209,500 |
| 2011-08-11 | Listing removed | $209,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $4532.00 | 34.96% | $197,058 | 34.97% |
| 2023-04-08 | $3358.00 | N/A | $146,000 | N/A |
| 2022-04-08 | $3358.00 | -3.03% | $146,000 | N/A |
What's Special
Pull Down Stairs
Listed by: Diane J. White • CR Premier Properties
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084687
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.
