226 West High StreetEast HamptonCT06424
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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 East Hampton at 226 West High Street, East Hampton, CT, 06424 at $724,900 posts ROI 5.15% with from $1,961/mo rent. Total monthly income equals $1,961/mo. Return on cash invested measures 5.15% and rental yield reads 3.25% at the current $724,900. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,277 by year five. Five-year ROI prints 24.44% and total cumulative return in cash totals $58,281. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,961/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
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Listed by: Cathyann M. Schulte • Countryside Realty
Mls Name: Smart MLS
Mls ID: #24142757