200 Preston City RoadVoluntownCT06384
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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 Voluntown at 200 Preston City Road, Voluntown, CT, 06384 listed at $310,000 pairs $2,479/mo rent with a $1,517/mo payment to leave $373/mo cash flow. Total monthly income runs $2,479/mo, and annual cash flow reaches $4,476/yr on $102,765 cash to close. Return on cash invested measures 24.26% in year one, and rental yield registers 9.6% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 127% and total cumulative return in cash totals $130,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,479/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06384, Voluntown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 936 (80.2%) |
| Renter Occupied HU | 139 (11.9%) |
| Vacant Housing Units | 92 ( 7.9%) |
| Median Home Value | $362,985 |
| Average Home Value | $390,553 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,023
Multi-Family
18
Businesses
40
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Listed by: Erica Kelly • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094081
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.