257 Ichabod RoadSouthburyCT06488
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Nearby investment properties with comparable prices
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 Southbury at 257 Ichabod Road, Southbury, CT, 06488 generates $5,267/mo in rent and, after a $3,671/mo payment, leaves $171/mo in cash flow. Total monthly income is $5,267/mo, and annual cash flow is $2,052/yr on $246,750 invested. Return on cash invested sits at 20.89% in year one, and rental yield is 8.43% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 108.87% and total cumulative return in cash sums $268,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,267/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
3.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
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Listed by: Nicholas Tarquino • Carbutti & Co., Realtors
Mls Name: Smart MLS
Mls ID: #24120487