16 Westmount RoadSalisburyCT06068
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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 Salisbury at 16 Westmount Road, Salisbury, CT, 06068 with 5% annual appreciation on a $1,875,000 basis while $6,344/mo rent supports operations. 74% in year one. Equity gained on principal adds $12,099/yr, and five-year appreciation sums $518,028 alongside rental yield of 4.06%. Five-year ROI measures 38.28% and total cumulative return in cash totals $232,574. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,344/mo property income versus a $9,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06068, Salisbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 563 (47.5%) |
| Renter Occupied HU | 209 (17.6%) |
| Vacant Housing Units | 414 (34.9%) |
| Median Home Value | $993,207 |
| Average Home Value | $1,192,420 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
83
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Listed by: Tracy Macgowan • Elyse Harney Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111073
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.