248 South Eagle StreetTerryvilleCT06786
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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
Investment property for sale in Terryville at 248 South Eagle Street, Terryville, CT, 06786 with 5% annual appreciation on a $385,000 basis while $3,017/mo rent supports operations. Total monthly income totals $3,017/mo and a $1,884/mo payment preserves $402/mo for cash returns. Annual cash flow comes to $4,818/yr on $127,628 deployed, and return on cash invested reaches 23.68% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 9.4%. Five-year ROI measures 123.89% and total cumulative return in cash totals $158,122.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,017/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06786, Terryville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,027 (100%) |
| Owner Occupied HU | 2,995 (74.4%) |
| Renter Occupied HU | 835 (20.7%) |
| Vacant Housing Units | 197 ( 4.9%) |
| Median Home Value | $271,494 |
| Average Home Value | $339,233 |
Housing Distribution
Address Breakdown
Residential
4,009
Single Family
3,939
Multi-Family
70
Businesses
263
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Listed by: Linda Fercodini Abrm Cips Crs Sres • Fercodini Properties, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093372
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.