18 Richard RoadGales FerryCT06335
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 Gales Ferry at 18 Richard Road, Gales Ferry, CT, 06335 at $399,000 posts ROI 31.03% with $1,226/mo cash flow from $3,937/mo rent. Total monthly income equals $3,937/mo, and annual cash flow records $14,711/yr on $132,269 to close. Return on cash invested measures 31.03% and rental yield reads 11.84% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 163.27% and total cumulative return in cash totals $215,954.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06335, Gales Ferry, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,719 (100%) |
| Owner Occupied HU | 2,191 (80.6%) |
| Renter Occupied HU | 375 (13.8%) |
| Vacant Housing Units | 153 ( 5.6%) |
| Median Home Value | $332,483 |
| Average Home Value | $361,753 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,616
Multi-Family
30
Businesses
157
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Nearby investment properties with comparable prices
Listed by: Mary Flood • Beaches & Backroads Realty
Mls Name: Smart MLS
Mls ID: #24120942