22 Commodore Hull DriveDerbyCT06418
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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 Derby at 22 Commodore Hull Drive, Derby, CT, 06418 offers $3,881/mo rent that, after a $2,638/mo payment, leaves $219/mo cash flow. Total monthly income is $3,881/mo, and annual cash flow is $2,627/yr on $177,331 cash. Return on cash invested measures 21.54% in year one, and rental yield stands at 8.64% at a $539,000 entry. Equity gained on principal adds $3,478/yr while 5% annual appreciation compounds into $148,916 by year five. Five-year ROI records 112.36% and total cumulative return in cash reaches $199,248. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,881/mo property income versus a $2,638/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
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Listed by: Jodi McSweeney • mygoodagent
Mls Name: Smart MLS
Mls ID: #24149625