16 Stage Coach RdDurhamCT06422
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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 Durham at 16 Stage Coach Rd, Durham, CT, 06422 priced at $850,000 pairs $5,797/mo rent with $22/mo cash flow after a $4,160/mo payment. Total monthly income equals $5,797/mo, and annual cash flow comes to $264/yr on $279,650 invested. Return on cash invested is 20.15% in year one, and rental yield stands at 8.18% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 104.92% and total cumulative return in cash reaches $293,398. For financing, Ziffy Mortgage’s DSCR program evaluates $5,797/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06422, Durham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,876 (100%) |
| Owner Occupied HU | 2,574 (89.5%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 102 ( 3.5%) |
| Median Home Value | $459,516 |
| Average Home Value | $524,994 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
263
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Listed by: Seigel Team at RE/MAX Rise • RE/MAX RISE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078802
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