16 3rd StreetBeacon FallsCT06403
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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 Beacon Falls at 16 3rd Street, Beacon Falls, CT, 06403 priced at $179,900 pairs $1,414/mo rent with $191/mo cash flow after a $881/mo payment. Total monthly income equals $1,414/mo, and annual cash flow comes to $2,294/yr on $59,637 invested. Return on cash invested is 23.76% in year one, and rental yield stands at 9.43% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 124.35% and total cumulative return in cash reaches $74,157. For financing, Ziffy Mortgage’s DSCR program evaluates $1,414/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06403, Beacon Falls, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,749 (100%) |
| Owner Occupied HU | 2,175 (79.1%) |
| Renter Occupied HU | 443 (16.1%) |
| Vacant Housing Units | 131 ( 4.8%) |
| Median Home Value | $396,368 |
| Average Home Value | $416,990 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,443
Multi-Family
203
Businesses
146
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Listed by: Gianna M. Alberti • ALBERTI REALTY ASSOCIATES, LLC
Mls Name: Smart MLS
Mls ID: #24139695