16 Turkey Hill RoadDurhamCT06422
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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 Durham at 16 Turkey Hill Road, Durham, CT, 06422 listed at $1,050,000 pairs $6,224/mo rent with a $5,139/mo payment. Total monthly income runs $6,224/mo. Return on cash invested measures 17.16% in year one, and rental yield registers 7.11% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 88.81% and total cumulative return in cash totals $302,129. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,224/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
2.82 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: Liz Zakrzewski • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091797
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