191 Steep Hill RoadWestonCT06883
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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 Weston at 191 Steep Hill Road, Weston, CT, 06883 priced at $1,100,000 converts $3,988/mo rent into after a $5,384/mo obligation. Total monthly income equals $3,988/mo. Return on cash invested prints 8.63% in year one, and rental yield reads 4.35% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 43.08% and total cumulative return in cash sums $153,547. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,988/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1973
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06883, Weston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 3,200 (87.8%) |
| Renter Occupied HU | 228 ( 6.3%) |
| Vacant Housing Units | 215 ( 5.9%) |
| Median Home Value | $958,293 |
| Average Home Value | $1,122,577 |
Housing Distribution
Address Breakdown
Residential
3,592
Single Family
3,592
Multi-Family
0
Businesses
132
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Listed by: David Krasnoff • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24127861