230 South Hoop Pole RoadGuilfordCT06437
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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
Rental property for sale in Guilford at 230 South Hoop Pole Road, Guilford, CT, 06437 priced at $575,000 converts $4,942/mo rent into $1,036/mo cash flow after a $2,814/mo obligation. Total monthly income equals $4,942/mo, and annual cash flow totals $12,426/yr on $189,175 invested. Return on cash invested prints 26.63% in year one, and rental yield reads 10.31% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 139.65% and total cumulative return in cash sums $264,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,942/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1967
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
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Listed by: Cindy Puccino • RE/MAX Alliance
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24123329
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.