186 Mill StreetRivertonCT06065
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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
Rental property for sale in Riverton at 186 Mill Street, Riverton, CT, 06065 generates $0/mo in rent, after a $2,609/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.72% in year one, and rental yield is 0% on a $533,000 entry. Equity gained on principal adds $3,439/yr, while 5% annual appreciation builds toward $147,258 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06065, Riverton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 274 (100%) |
| Owner Occupied HU | 241 (88.0%) |
| Renter Occupied HU | 14 ( 5.1%) |
| Vacant Housing Units | 19 ( 6.9%) |
| Median Home Value | $416,154 |
| Average Home Value | $481,286 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
20
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No similar rental properties found nearby.
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Listed by: Linda Ganem • Borla & Associates Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112778
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