24 Liberty StreetClintonCT06413
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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 Clinton at 24 Liberty Street, Clinton, CT, 06413 priced at $364,900 pairs $3,600/mo rent with $1,121/mo cash flow after a $1,786/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $13,448/yr on $120,964 invested. Return on cash invested is 31.03% in year one, and rental yield stands at 11.84% on a $364,900 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,815 by year five. Five-year ROI measures 163.25% and total cumulative return in cash reaches $197,472. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Ryan Czaja • CENTURY 21 Shutters & Sails
Mls Name: Smart MLS
Mls ID: #24118757