22 Serene WayNewtownCT06470
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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 Newtown at 22 Serene Way, Newtown, CT, 06470 generates $2,640/mo in rent, after a $7,464/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 1.62% in year one, and rental yield is 2.08% on a $1,525,000 entry. Equity gained on principal adds $9,841/yr, while 5% annual appreciation builds toward $421,329 over five years. Five-year ROI reaches 5.46% and total cumulative return in cash sums $27,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
3.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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Listed by: Andy Sachs • Around Town Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24110956
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.