20 Victoria RdPortlandCT06480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Portland at 20 Victoria Rd, Portland, CT, 06480 generates $4,007/mo in rent and, after a $2,202/mo payment, leaves $841/mo in cash flow. Total monthly income is $4,007/mo, and annual cash flow is $10,089/yr on $149,142 invested. Return on cash invested sits at 26.67% in year one, and rental yield is 10.69% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 140.23% and total cumulative return in cash sums $209,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,007/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06480, Portland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,354 (100%) |
| Owner Occupied HU | 3,139 (72.1%) |
| Renter Occupied HU | 785 (18.0%) |
| Vacant Housing Units | 430 ( 9.9%) |
| Median Home Value | $416,215 |
| Average Home Value | $496,894 |
Housing Distribution
Address Breakdown
Residential
3,933
Single Family
3,879
Multi-Family
54
Businesses
353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: IRON AGENT TEAM AT KELLER WILLIAMS LEGACY PARTNERS • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088216
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.