19 Hawkins StDerbyCT06418
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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 Derby at 19 Hawkins St, Derby, CT, 06418 earns $668/mo cash flow from $3,600/mo rent with a $2,112/mo payment. Total monthly income totals $3,600/mo, and annual cash flow totals $8,018/yr on $143,042 capital. ROI tracks 25.51% on current figures, and rental yield reads 10.01% at a $431,500 purchase. Equity gained on principal adds $2,784/yr, and 5% annual appreciation supports $119,215 over five years. Five-year ROI reaches 133.71% and total cumulative return in cash sums $191,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Multi Family
Built in 1880
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
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Listed by: Salvatore F. Spadaccino • Gower-Spadaccino Asset Management, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24039533
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.