251 Forest RoadNorthfordCT06472
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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 Northford at 251 Forest Road, Northford, CT, 06472 earns $657/mo cash flow from $3,443/mo rent with a $2,007/mo payment. Total monthly income totals $3,443/mo, and annual cash flow totals $7,884/yr on $135,915 capital. ROI tracks 25.71% on current figures, and rental yield reads 10.08% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash sums $183,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,443/mo property income instead of your personal income.
Single Family
Built in 1947
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06472, Northford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 2,207 (87.8%) |
| Renter Occupied HU | 229 ( 9.1%) |
| Vacant Housing Units | 79 ( 3.1%) |
| Median Home Value | $420,156 |
| Average Home Value | $460,915 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,418
Multi-Family
0
Businesses
177
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Listed by: Alison S. Gould • Gould Group LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098406
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.