17 Hill Top LaneNorthfieldCT06778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Northfield at 17 Hill Top Lane, Northfield, CT, 06778 priced at $339,900 pairs $3,239/mo rent with $929/mo cash flow after a $1,664/mo payment. Total monthly income equals $3,239/mo, and annual cash flow comes to $11,150/yr on $112,677 invested. Return on cash invested is 29.8% in year one, and rental yield stands at 11.44% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 156.73% and total cumulative return in cash reaches $176,603. For financing, Ziffy Mortgage’s DSCR program evaluates $3,239/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
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Nearby investment properties with comparable prices
Listed by: Dee Mattera • Luxe Realty LLC
Mls Name: Smart MLS
Mls ID: #24124376