2 Chestnut CourtSeymourCT06483
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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 Seymour at 2 Chestnut Court, Seymour, CT, 06483 uses $118,014 cash to close to unlock $9,811/yr annual cash flow and $818/mo monthly cash flow. Total monthly income runs $3,236/mo, and a $1,742/mo payment keeps the spread at $818/mo. Purchase price stands at $356,000, and rental yield measures 10.91% with $3,236/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $98,356 over five years. Five-year ROI reaches 148.21% and total cumulative return in cash records $174,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,236/mo property income covering a $1,742/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06483, Seymour, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 5,067 (70.6%) |
| Renter Occupied HU | 1,790 (25.0%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $397,734 |
| Average Home Value | $488,644 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,150
Multi-Family
837
Businesses
452
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Listed by: Nina Nyrop • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094265
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.