21 Philip DriveSheltonCT06484
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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 Shelton at 21 Philip Drive, Shelton, CT, 06484 earns $1,461/mo cash flow from $6,000/mo rent with a $3,270/mo payment. Total monthly income totals $6,000/mo, and annual cash flow totals $17,530/yr on $219,772 capital. ROI tracks 28.04% on current figures, and rental yield reads 10.78% at a $668,000 purchase. Equity gained on principal adds $4,311/yr, and 5% annual appreciation supports $184,556 over five years. Five-year ROI reaches 147.19% and total cumulative return in cash sums $323,473. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,000/mo property income instead of your personal income.
Single Family
Built in 1971
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
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Listed by: Danielle Rownin • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24132400