16 Juniper LaneStoningtonCT06378
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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 Stonington at 16 Juniper Lane, Stonington, CT, 06378 priced at $1,695,000 converts $6,604/mo rent into after a $8,296/mo obligation. Total monthly income equals $6,604/mo. Return on cash invested prints 9.64% in year one, and rental yield reads 4.68% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 48.46% and total cumulative return in cash sums $266,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,604/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Single Family
Built in 2003
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06378, Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,100 (100%) |
| Owner Occupied HU | 2,023 (65.3%) |
| Renter Occupied HU | 510 (16.5%) |
| Vacant Housing Units | 567 (18.3%) |
| Median Home Value | $644,531 |
| Average Home Value | $705,774 |
Housing Distribution
Address Breakdown
Residential
2,718
Single Family
2,657
Multi-Family
61
Businesses
329
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Listed by: Pam Johnstone • PJ Residential, PLLC
Mls Name: Smart MLS
Mls ID: #24125785