20 Thayer Road ExtensionHigganumCT06441
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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 Higganum at 20 Thayer Road Extension, Higganum, CT, 06441 with 5% annual appreciation on a $493,000 basis while $3,432/mo rent supports operations. Total monthly income totals $3,432/mo and a $2,413/mo payment preserves $82/mo for cash returns. Annual cash flow comes to $988/yr on $163,430 deployed, and return on cash invested reaches 20.51% in year one. Equity gained on principal adds $3,181/yr, and five-year appreciation sums $136,207 alongside rental yield of 8.35%. Five-year ROI measures 106.88% and total cumulative return in cash totals $174,678.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,432/mo property income versus a $2,413/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06441, Higganum, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,205 (100%) |
| Owner Occupied HU | 1,928 (87.4%) |
| Renter Occupied HU | 178 ( 8.1%) |
| Vacant Housing Units | 99 ( 4.5%) |
| Median Home Value | $480,524 |
| Average Home Value | $556,845 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
2,050
Multi-Family
0
Businesses
132
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Listed by: Cortney Emshwiller-Swokla • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094955
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.