1674 Byam RoadCheshireCT06410
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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 Cheshire at 1674 Byam Road, Cheshire, CT, 06410 offers a 10.52% rental yield on a $299,900 purchase with $2,628/mo rent. Total monthly income registers $2,628/mo, and a $1,468/mo payment leaves $590/mo available for distribution. Annual cash flow reaches $7,082/yr on $99,417 to close, and return on cash invested stands at 27.03% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 141.88% and total cumulative return in cash at $141,052. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,628/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 1950
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
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Listed by: Jesica Beaulieu • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls ID: #24113216