164 East StreetSharonCT06069
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
Investment property for sale in Sharon at 164 East Street, Sharon, CT, 06069 with 5% annual appreciation on a $1,650,000 basis while $7,468/mo rent supports operations. 97% in year one. Equity gained on principal adds $10,647/yr, and five-year appreciation sums $455,865 alongside rental yield of 5.43%. Five-year ROI measures 60.97% and total cumulative return in cash totals $325,937. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,468/mo property income versus a $8,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
5.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06069, Sharon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 972 (58.4%) |
| Renter Occupied HU | 215 (12.9%) |
| Vacant Housing Units | 478 (28.7%) |
| Median Home Value | $681,111 |
| Average Home Value | $900,139 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elisa Waysenson • Bain Real Estate
Mls Name: Smart MLS
Mls ID: #24112969