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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Canterbury at 162 Wright Pond Road, Canterbury, CT, 06331 offers a 8.81% rental yield on a $300,000 purchase with $2,202/mo rent. Total monthly income registers $2,202/mo, and a $1,468/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,968/yr on $99,450 to close, and return on cash invested stands at 21.89% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 114.23% and total cumulative return in cash at $113,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,202/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06331, Canterbury, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,751 (84.8%) |
| Renter Occupied HU | 222 (10.7%) |
| Vacant Housing Units | 93 ( 4.5%) |
| Median Home Value | $363,413 |
| Average Home Value | $423,514 |
Residential
1,991
Single Family
1,915
Multi-Family
76
Businesses
92
Date | Event | Price |
|---|---|---|
| 2025-11-20 | Sold | $300,000 |
| 2025-10-14 | Pending sale | $310,000 |
| 2025-10-04 | Listed for sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-12-20 | $3367.00 | -19.68% | $200,900 | 10.23% |
| 2024-12-20 | $4192.00 | 44.55% | $182,248 | 44.53% |
| 2023-12-20 | $2900.00 | N/A | $126,100 | N/A |
What's Special
Access Via Hatch
Listed by: Kevin Brignole • Spaulding Realty Group, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24128788
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.
