20 Marine AveClintonCT06413
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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 Clinton at 20 Marine Ave, Clinton, CT, 06413 with 5% annual appreciation on a $399,000 basis while $3,408/mo rent supports operations. Total monthly income totals $3,408/mo and a $1,953/mo payment preserves $697/mo for cash returns. Annual cash flow comes to $8,363/yr on $132,269 deployed, and return on cash invested reaches 26.23% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 10.25%. Five-year ROI measures 137.54% and total cumulative return in cash totals $181,922.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,408/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: George Agnelli • Agnelli Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079072
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.