169 Beckwith Hill DriveSalemCT06420
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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 Salem at 169 Beckwith Hill Drive, Salem, CT, 06420 at $619,900 posts ROI 7.99% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 7.99% and rental yield reads 4.18% at the current $619,900. Equity gained on principal adds $4,000/yr, and 5% annual appreciation supports $171,267 by year five. Five-year ROI prints 39.7% and total cumulative return in cash totals $80,972. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
4.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06420, Salem, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,765 (100%) |
| Owner Occupied HU | 1,453 (82.3%) |
| Renter Occupied HU | 202 (11.4%) |
| Vacant Housing Units | 110 ( 6.2%) |
| Median Home Value | $414,809 |
| Average Home Value | $443,741 |
Housing Distribution
Address Breakdown
Residential
1,787
Single Family
1,739
Multi-Family
48
Businesses
77
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Nearby investment properties with comparable prices
Listed by: Jana D. Fritz • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24122363