196 Scott Hill RoadColchesterCT06415
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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 Colchester at 196 Scott Hill Road, Colchester, CT, 06415 listed at $547,000 pairs $4,746/mo rent with a $2,677/mo payment to leave $1,030/mo cash flow. Total monthly income runs $4,746/mo, and annual cash flow reaches $12,356/yr on $179,963 cash to close. Return on cash invested measures 26.93% in year one, and rental yield registers 10.41% at a $547,000 basis. Equity gained on principal adds $3,530/yr, and annual property appreciation at 5% supports $151,126 by year five. Five-year ROI tracks 141.24% and total cumulative return in cash totals $254,176. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,746/mo property income relative to a $2,677/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
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Listed by: Anita B. Taylor • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107030
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.