22 Soderman Way, Cheshire, CT, 06410 | 6.51% Rental Yield

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22 Soderman Way, Cheshire, CT, 06410 | 6.51% Rental Yield | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cheshire at 22 Soderman Way, Cheshire, CT, 06410 priced at $730,000 converts $3,960/mo rent into after a $3,573/mo obligation. Total monthly income equals $3,960/mo. Return on cash invested prints 15.06% in year one, and rental yield reads 6.51% against a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation compiles into $201,686 by year five. Five-year ROI reaches 77.62% and total cumulative return in cash sums $186,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,960/mo property income covering a $3,573/mo payment, not borrower’s personal income.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Come enjoy nearly new construction at The Reserve at Stonebridge. Built in 2024, this home offers modern features with a comfortable, welcoming feel. It sits on a desirable Phase 1 lot with natural gas and includes several high end upgrades throughout. The open living layout features a well designed kitchen with ample storage, a coffee bar, beverage fridge, and gas range, making it ideal for both everyday living and entertaining. The first floor primary suite includes wood flooring, generous closet space, and a spa inspired bathroom, creating a relaxing retreat at the end of the day. Upstairs you will find two additional bedrooms along with a loft and dedicated office space, offering flexibility for work from home, guests, or additional living space. The unfinished basement provides a great opportunity to add future living space and truly make the home your own. Located in a growing and convenient area, The Reserve at Stonebridge offers a neighborhood feel with planned amenities and easy access to nearby shopping, dining, and everyday conveniences. Come see firsthand what makes this community such a great place to be a part of.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,563 (100%)
Owner Occupied HU	8,882 (84.1%)
Renter Occupied HU	1,273 (12.1%)
Vacant Housing Units	408 ( 3.9%)
Median Home Value	$479,284
Average Home Value	$506,891