16 Manor LaneEastonCT06612
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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
Investment property for sale in Easton at 16 Manor Lane, Easton, CT, 06612 listed at $739,000 pairs $4,680/mo rent with a $3,617/mo payment. Total monthly income runs $4,680/mo. Return on cash invested measures 18.38% in year one, and rental yield registers 7.6% at a $739,000 basis. Equity gained on principal adds $4,769/yr, and annual property appreciation at 5% supports $204,172 by year five. Five-year ROI tracks 95.38% and total cumulative return in cash totals $231,908. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,680/mo property income relative to a $3,617/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06612, Easton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,716 (100%) |
| Owner Occupied HU | 2,418 (89.0%) |
| Renter Occupied HU | 171 ( 6.3%) |
| Vacant Housing Units | 127 ( 4.7%) |
| Median Home Value | $753,796 |
| Average Home Value | $796,334 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
113
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Listed by: Mary-Jo McAvey • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24137230