159 Parker RoadEast HaddamCT06423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Haddam at 159 Parker Road, East Haddam, CT, 06423 at $399,900 posts ROI 30.09% with $1,124/mo cash flow from $3,841/mo rent. Total monthly income equals $3,841/mo, and annual cash flow records $13,490/yr on $132,567 to close. Return on cash invested measures 30.09% and rental yield reads 11.53% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 158.24% and total cumulative return in cash totals $209,768.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,841/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
4.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06423, East Haddam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,780 (76.6%) |
| Renter Occupied HU | 203 ( 8.7%) |
| Vacant Housing Units | 341 (14.7%) |
| Median Home Value | $468,990 |
| Average Home Value | $574,756 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
107
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Nearby investment properties with comparable prices
Listed by: Alexis Devlin • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24121087