223 N Moodus Rd EMoodusCT06469
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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
Investment property for sale in Moodus at 223 N Moodus Rd E, Moodus, CT, 06469 uses $144,169 cash to close to unlock $1,052/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $3,043/mo, and a $2,129/mo payment keeps the spread at $88/mo. Purchase price stands at $434,900, and rental yield measures 8.4% with $3,043/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 107.56% and total cumulative return in cash records $155,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,043/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1982
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06469, Moodus, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,125 (74.1%) |
| Renter Occupied HU | 309 (20.3%) |
| Vacant Housing Units | 85 ( 5.6%) |
| Median Home Value | $368,997 |
| Average Home Value | $496,978 |
Housing Distribution
Address Breakdown
Residential
1,290
Single Family
1,290
Multi-Family
0
Businesses
110
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Listed by: Patrick C. Farley • Statewide Premier Prop. LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094778
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.