214 Nortontown RoadGuilfordCT06437
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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
Rental property for sale in Guilford at 214 Nortontown Road, Guilford, CT, 06437 priced at $1,245,000 pairs $2,282/mo rent with after a $6,094/mo payment. Total monthly income equals $2,282/mo. Return on cash invested is 1.99% in year one, and rental yield stands at 2.2% on a $1,245,000 basis. Equity gained on principal adds $8,034/yr, and 5% annual appreciation accumulates to $343,971 by year five. Five-year ROI measures 7.49% and total cumulative return in cash reaches $30,196. For financing, Ziffy Mortgage’s DSCR program evaluates $2,282/mo property income against a $6,094/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
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Listed by: Jonathan Wallace • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24130262