2 Steeple View LaneSheltonCT06484
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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 Shelton at 2 Steeple View Lane, Shelton, CT, 06484 priced at $1,189,900 converts $4,442/mo rent into after a $5,824/mo obligation. Total monthly income equals $4,442/mo. Return on cash invested prints 9.03% in year one, and rental yield reads 4.48% against a $1,189,900 entry. Equity gained on principal adds $7,678/yr, while 5% annual appreciation compiles into $328,747 by year five. Five-year ROI reaches 45.23% and total cumulative return in cash sums $174,368. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,442/mo property income covering a $5,824/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
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Listed by: Tracy S. Perry • Real Estate Two
Mls Name: Smart MLS
Mls ID: #24117249