23R Partridge Ln #RDurhamCT06422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Durham at 23R Partridge Ln #R, Durham, CT, 06422 offers a 11.36% rental yield on a $325,000 purchase with $3,076/mo rent. Total monthly income registers $3,076/mo, and a $1,591/mo payment leaves $868/mo available for distribution. Annual cash flow reaches $10,410/yr on $107,738 to close, and return on cash invested stands at 29.57% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 155.47% and total cumulative return in cash at $167,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,076/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06422, Durham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,876 (100%) |
| Owner Occupied HU | 2,574 (89.5%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 102 ( 3.5%) |
| Median Home Value | $459,516 |
| Average Home Value | $524,994 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Freedman • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24040884
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.