2 Perry StLakevilleCT06039
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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 Lakeville at 2 Perry St, Lakeville, CT, 06039 uses $228,655 cash to close to unlock $13,890/yr annual cash flow and $1,158/mo monthly cash flow. Total monthly income runs $5,880/mo, and a $3,402/mo payment keeps the spread at $1,158/mo. Purchase price stands at $695,000, and rental yield measures 10.15% with $5,880/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 137% and total cumulative return in cash records $313,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,880/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1780
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06039, Lakeville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 615 (52.8%) |
| Renter Occupied HU | 195 (16.7%) |
| Vacant Housing Units | 355 (30.5%) |
| Median Home Value | $750,977 |
| Average Home Value | $977,179 |
Housing Distribution
Address Breakdown
Residential
698
Single Family
698
Multi-Family
0
Businesses
141
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Listed by: Wendy Eichman • Raynard & Peirce Realty,LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086072
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