201 Deerfield Terrace #201ColchesterCT06415
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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 Colchester at 201 Deerfield Terrace #201, Colchester, CT, 06415 earns from $1,800/mo rent with a $1,399/mo payment. Total monthly income totals $1,800/mo. ROI tracks 18.11% on current figures, and rental yield reads 7.56% at a $285,900 purchase. Equity gained on principal adds $1,845/yr, and 5% annual appreciation supports $78,989 over five years. Five-year ROI reaches 93.99% and total cumulative return in cash sums $89,077. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
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Listed by: Kevin Fennell • eXp Realty
Mls Name: Smart MLS
Mls ID: #24089521