19 Parmalee Hill RoadNewtownCT06470
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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 Newtown at 19 Parmalee Hill Road, Newtown, CT, 06470 uses $254,975 cash to close to unlock $7,086/yr annual cash flow and $591/mo monthly cash flow. Total monthly income runs $5,856/mo, and a $3,793/mo payment keeps the spread at $591/mo. Purchase price stands at $775,000, and rental yield measures 9.07% with $5,856/mo rent. Return on cash invested shows 22.84% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 119.33% and total cumulative return in cash records $304,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,856/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 1944
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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Listed by: Noel Mather • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101899
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