2 Walnut StreetTerryvilleCT06786
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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 Terryville at 2 Walnut Street, Terryville, CT, 06786 generates $2,830/mo in rent and, after a $1,322/mo payment, leaves $995/mo in cash flow. Total monthly income is $2,830/mo, and annual cash flow is $11,940/yr on $89,505 invested. Return on cash invested sits at 33.25% in year one, and rental yield is 12.58% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 175.16% and total cumulative return in cash sums $156,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,830/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06786, Terryville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,027 (100%) |
| Owner Occupied HU | 2,995 (74.4%) |
| Renter Occupied HU | 835 (20.7%) |
| Vacant Housing Units | 197 ( 4.9%) |
| Median Home Value | $271,494 |
| Average Home Value | $339,233 |
Housing Distribution
Address Breakdown
Residential
4,009
Single Family
3,939
Multi-Family
70
Businesses
263
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Listed by: Peggy Shove Columb • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103335
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.