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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 Clinton at 169B Shore Rd #169B, Clinton, CT, 06413 generates $2,160/mo in rent, after a $2,393/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 11% in year one, and rental yield is 5.3% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 55.99% and total cumulative return in cash sums $90,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$125 quarterly HOA
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
Date | Event | Price |
|---|---|---|
| 2008-02-12 | Sold | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $4140.00 | 1.45% | $136,800 | N/A |
| 2023-03-27 | $4081.00 | N/A | $136,800 | N/A |
| 2022-03-27 | $4081.00 | -8.50% | $136,800 | -8.49% |
What's Special
Access Via Hatch
Listed by: Gigi Giordano • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080547
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.
