23 High StreetMoosupCT06354
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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 Moosup at 23 High Street, Moosup, CT, 06354 with 5% annual appreciation on a $299,900 basis while $2,683/mo rent supports operations. Total monthly income totals $2,683/mo and a $1,468/mo payment preserves $645/mo for cash returns. Annual cash flow comes to $7,742/yr on $99,417 deployed, and return on cash invested reaches 27.7% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 10.74%. Five-year ROI measures 145.44% and total cumulative return in cash totals $144,592.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,683/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1876
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06354, Moosup, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,673 (64.9%) |
| Renter Occupied HU | 739 (28.7%) |
| Vacant Housing Units | 166 ( 6.4%) |
| Median Home Value | $371,389 |
| Average Home Value | $397,037 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,209
Multi-Family
109
Businesses
88
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Listed by: Christine Johnson • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24124414