24 COPPER HILL Drive #24GuilfordCT06437
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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 24 COPPER HILL Drive #24, Guilford, CT, 06437 generates $2,566/mo in rent, after a $2,149/mo payment. Total monthly income is $2,566/mo. Return on cash invested sits at 16.47% in year one, and rental yield is 7.01% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 85.19% and total cumulative return in cash sums $123,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A 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: Tom Clancy • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24124717