162 Hunter Drive #162LitchfieldCT06759
Nearby investment properties with comparable rents
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 Litchfield at 162 Hunter Drive #162, Litchfield, CT, 06759 generates $5,503/mo in rent and, after a $2,814/mo payment, leaves $1,597/mo in cash flow. Total monthly income is $5,503/mo, and annual cash flow is $19,158/yr on $189,175 invested. Return on cash invested sits at 30.19% in year one, and rental yield is 11.48% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 158.73% and total cumulative return in cash sums $300,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,503/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikaila Riedel • eXp Realty
Mls Name: Smart MLS
Mls ID: #24145572