21 Union StreetMoosupCT06354
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 Moosup at 21 Union Street, Moosup, CT, 06354 generates $2,170/mo in rent and, after a $1,542/mo payment, leaves $30/mo in cash flow. Total monthly income is $2,170/mo, and annual cash flow is $354/yr on $104,423 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 8.27% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 105.48% and total cumulative return in cash sums $110,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,170/mo property income rather than buyer’s personal income.
Multi Family
Built in 1860
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06354, Moosup, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,673 (64.9%) |
| Renter Occupied HU | 739 (28.7%) |
| Vacant Housing Units | 166 ( 6.4%) |
| Median Home Value | $371,389 |
| Average Home Value | $397,037 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,209
Multi-Family
109
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick T. Precourt • Dorrance Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24116199
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.