23 Seminole RdMiddlefieldCT06455
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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 Middlefield at 23 Seminole Rd, Middlefield, CT, 06455 uses $40,907 cash to close to unlock $19,848/yr annual cash flow and $1,654/mo monthly cash flow. Total monthly income runs $2,598/mo, and a $604/mo payment keeps the spread at $1,654/mo. Purchase price stands at $123,400, and rental yield measures 25.26% with $2,598/mo rent. Return on cash invested shows 68.43% in year one, and 5% annual appreciation builds toward $34,093 over five years. Five-year ROI reaches 365.06% and total cumulative return in cash records $149,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,598/mo property income covering a $604/mo payment rather than investor’s personal income.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06455, Middlefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 1,104 (81.3%) |
| Renter Occupied HU | 173 (12.7%) |
| Vacant Housing Units | 81 ( 6.0%) |
| Median Home Value | $469,649 |
| Average Home Value | $485,915 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,195
Multi-Family
0
Businesses
139
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices New England Properties
Mls Provider:
Mls ID: #24119288