








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Deep River at 22 Prospect St, Deep River, CT, 06417 priced at $319,000 converts $2,640/mo rent into $473/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $5,675/yr on $105,749 invested. Return on cash invested prints 25.28% in year one, and rental yield reads 9.93% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 132.39% and total cumulative return in cash sums $140,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1823
0.25 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-27 | Listed for sale | $319,000 |
| 2007-08-23 | Sold | $230,000 |
| 1997-01-09 | Sold | $98,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $4505.00 | 5.68% | $142,660 | N/A |
| 2023-04-30 | $4263.00 | 3.12% | $142,660 | N/A |
| 2022-04-30 | $4134.00 | -2.04% | $142,660 | N/A |



What's Special
None
Listed by: Maggie Bartels • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089895
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