178 Church StreetMonroeCT06468
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 Monroe at 178 Church Street, Monroe, CT, 06468 listed at $619,990 pairs $3,151/mo rent with a $3,035/mo payment. Total monthly income runs $3,151/mo. Return on cash invested measures 13.81% in year one, and rental yield registers 6.1% at a $619,990 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,292 by year five. Five-year ROI tracks 70.94% and total cumulative return in cash totals $144,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,151/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06468, Monroe, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 6,235 (90.3%) |
| Renter Occupied HU | 498 ( 7.2%) |
| Vacant Housing Units | 173 ( 2.5%) |
| Median Home Value | $522,292 |
| Average Home Value | $573,501 |
Housing Distribution
Address Breakdown
Residential
6,919
Single Family
6,889
Multi-Family
30
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John R. Nigro • Keller Williams Realty Prtnrs.
Mls Name: Smart MLS
Mls ID: #24129023