16 Flirtation AvenueNew Preston Marble DaleCT06777
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
Rental property for sale in New Preston Marble Dale at 16 Flirtation Avenue, New Preston Marble Dale, CT, 06777 priced at $499,900 converts $4,512/mo rent into $1,115/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,512/mo, and annual cash flow totals $13,382/yr on $165,717 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 10.83% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 146.96% and total cumulative return in cash sums $243,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,512/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1939
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06777, New Preston Marble Dale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 620 (58.4%) |
| Renter Occupied HU | 120 (11.3%) |
| Vacant Housing Units | 321 (30.3%) |
| Median Home Value | $605,042 |
| Average Home Value | $893,431 |
Housing Distribution
Address Breakdown
Residential
900
Single Family
900
Multi-Family
0
Businesses
89
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Nearby investment properties with comparable prices
Listed by: Peter Carbutti • Carbutti & Co., Realtors
Mls Name: Smart MLS
Mls ID: #24119945