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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clinton at 24 Beach Rd, Clinton, CT, 06413 generates $3,815/mo in rent and, after a $1,860/mo payment, leaves $1,233/mo in cash flow. Total monthly income is $3,815/mo, and annual cash flow is $14,796/yr on $125,970 invested. Return on cash invested sits at 31.65% in year one, and rental yield is 12.05% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 166.62% and total cumulative return in cash sums $209,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,815/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Listed for sale | $380,000 |
| 2017-10-02 | Sold | $212,500 |
| 2006-02-16 | Sold | $417,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $116.00 | N/A | $3,900 | N/A |
| 2022-10-15 | $116.00 | 14.85% | $3,900 | 14.71% |
| 2021-10-15 | $101.00 | -4.72% | $3,400 | N/A |
What's Special
Storage,Access Via Hatch
Listed by: Joseph L. Giordano • RE/MAX Alliance
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24049763
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.
