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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 Sterling at 25 Logans Way, Sterling, CT, 06377 priced at $390,000 converts $2,970/mo rent into $320/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,970/mo, and annual cash flow totals $3,840/yr on $129,285 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 9.14% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 119.56% and total cumulative return in cash sums $154,568. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,970/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 2020
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06377, Sterling, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 946 (79.8%) |
| Renter Occupied HU | 186 (15.7%) |
| Vacant Housing Units | 53 ( 4.5%) |
| Median Home Value | $342,810 |
| Average Home Value | $360,114 |
Residential
968
Single Family
968
Multi-Family
0
Businesses
44
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $390,000 |
| 2025-05-23 | Pending sale | $374,900 |
| 2025-05-15 | Listed for sale | $374,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $4912.00 | 6.44% | $207,700 | N/A |
| 2023-10-27 | $4615.00 | 14.09% | $207,700 | 64.00% |
| 2022-10-27 | $4045.00 | N/A | $126,650 | N/A |
What's Special
None
Listed by: Pat J. Corso Jr • RI Real Estate Services
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095701
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.
