189 Derby AvenueSeymourCT06483
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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 Seymour at 189 Derby Avenue, Seymour, CT, 06483 offers $3,218/mo rent that, after a $1,674/mo payment, leaves $894/mo cash flow. Total monthly income is $3,218/mo, and annual cash flow is $10,730/yr on $113,373 cash. Return on cash invested measures 29.37% in year one, and rental yield stands at 11.29% at a $342,000 entry. Equity gained on principal adds $2,207/yr while 5% annual appreciation compounds into $94,488 by year five. Five-year ROI records 154.43% and total cumulative return in cash reaches $175,078. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,218/mo property income versus a $1,674/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
5,227 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: J K. Shaheer • US Asset Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109185
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.