198 Cook LnBeacon FallsCT06403
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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 Beacon Falls at 198 Cook Ln, Beacon Falls, CT, 06403 uses $46,377 cash to close to unlock $18,350/yr annual cash flow and $1,529/mo monthly cash flow. Total monthly income runs $2,480/mo, and a $685/mo payment keeps the spread at $1,529/mo. Purchase price stands at $139,900, and rental yield measures 21.27% with $2,480/mo rent. Return on cash invested shows 59.48% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 315.94% and total cumulative return in cash records $146,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,480/mo property income covering a $685/mo payment rather than investor’s personal income.
Lot
Built in N/A
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06403, Beacon Falls, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,749 (100%) |
| Owner Occupied HU | 2,175 (79.1%) |
| Renter Occupied HU | 443 (16.1%) |
| Vacant Housing Units | 131 ( 4.8%) |
| Median Home Value | $396,368 |
| Average Home Value | $416,990 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,443
Multi-Family
203
Businesses
146
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Listed by: David E. Fiske • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24014241
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.