25 Soderman WayCheshireCT06410
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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 Cheshire at 25 Soderman Way, Cheshire, CT, 06410 priced at $789,900 converts $3,960/mo rent into after a $3,866/mo obligation. Total monthly income equals $3,960/mo. Return on cash invested prints 12.29% in year one, and rental yield reads 6.02% against a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation compiles into $218,235 by year five. Five-year ROI reaches 63.25% and total cumulative return in cash sums $164,369. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,960/mo property income covering a $3,866/mo payment, not borrower’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
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Listed by: TEAM LEGEND OF COLDWELL BANKER REALTY • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081582
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.