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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% |
Rental property for sale in Moodus at 164 Leesville Rd, Moodus, CT, 06469 priced at $465,000 converts $1,800/mo rent into after a $2,276/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 9.33% in year one, and rental yield reads 4.65% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 46.89% and total cumulative return in cash sums $72,287. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 1971
12.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06469, Moodus, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,125 (74.1%) |
| Renter Occupied HU | 309 (20.3%) |
| Vacant Housing Units | 85 ( 5.6%) |
| Median Home Value | $368,997 |
| Average Home Value | $496,978 |
Residential
1,290
Single Family
1,290
Multi-Family
0
Businesses
110
Date | Event | Price |
|---|---|---|
| 2022-08-26 | Sold | $419,900 |
| 2022-08-25 | Listed for sale | $419,900 |
| 2022-07-19 | Contingent | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $6198.00 | 3.92% | $231,630 | N/A |
| 2023-05-08 | $5964.00 | 13.30% | $231,630 | 39.88% |
| 2022-05-08 | $5264.00 | 4.42% | $165,590 | N/A |
What's Special
Crawl Space,Access Via Hatch
Listed by: Julie Keltonic • RE/MAX Legends
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086668
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.
