17 Morningstar DriveSeymourCT06483
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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 Seymour at 17 Morningstar Drive, Seymour, CT, 06483 uses $99,417 cash to close to unlock $9,938/yr annual cash flow and $828/mo monthly cash flow. Total monthly income runs $2,866/mo, and a $1,468/mo payment keeps the spread at $828/mo. Purchase price stands at $299,900, and rental yield measures 11.47% with $2,866/mo rent. Return on cash invested shows 29.91% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 157.28% and total cumulative return in cash records $156,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,866/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06483, Seymour, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 5,067 (70.6%) |
| Renter Occupied HU | 1,790 (25.0%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $397,734 |
| Average Home Value | $488,644 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,150
Multi-Family
837
Businesses
452
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Listed by: Emily Fitzgerald • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24144113