17 Hills AvenueEast HamptonCT06424
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
Investment property for sale in East Hampton at 17 Hills Avenue, East Hampton, CT, 06424 earns $236/mo cash flow from $2,790/mo rent with a $1,840/mo payment. Total monthly income totals $2,790/mo, and annual cash flow totals $2,827/yr on $124,644 capital. ROI tracks 22.18% on current figures, and rental yield reads 8.9% at a $376,000 purchase. Equity gained on principal adds $2,426/yr, and 5% annual appreciation supports $103,882 over five years. Five-year ROI reaches 115.81% and total cumulative return in cash sums $144,353. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,790/mo property income instead of your personal income.
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim A. Harrington • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095952
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.