164 Tower Hill RoadChaplinCT06235
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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 Chaplin at 164 Tower Hill Road, Chaplin, CT, 06235 uses $87,848 cash to close to unlock $9,954/yr annual cash flow and $830/mo monthly cash flow. Total monthly income runs $2,630/mo, and a $1,297/mo payment keeps the spread at $830/mo. Purchase price stands at $265,000, and rental yield measures 11.91% with $2,630/mo rent. Return on cash invested shows 31.24% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 164.42% and total cumulative return in cash records $144,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,630/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2000
4.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06235, Chaplin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 909 (100%) |
| Owner Occupied HU | 718 (79.0%) |
| Renter Occupied HU | 140 (15.4%) |
| Vacant Housing Units | 51 ( 5.6%) |
| Median Home Value | $349,524 |
| Average Home Value | $380,167 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
50
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Listed by: Franchesca M. Pescatello • Prue Realty LLC
Mls Name: Smart MLS
Mls ID: #24136048