204 Goodhouse RoadLitchfieldCT06759
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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 Litchfield at 204 Goodhouse Road, Litchfield, CT, 06759 uses $130,943 cash to close to unlock $498/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $2,725/mo, and a $1,933/mo payment keeps the spread at $42/mo. Purchase price stands at $395,000, and rental yield measures 8.28% with $2,725/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 105.68% and total cumulative return in cash records $138,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,725/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1964
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
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Listed by: Ted Murphy • E.J. Murphy Realty
Mls Name: Smart MLS
Mls ID: #24148206