258 Argyle RoadCheshireCT06410
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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 258 Argyle Road, Cheshire, CT, 06410 priced at $494,900 pairs $3,600/mo rent with $238/mo cash flow after a $2,422/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $2,852/yr on $164,059 invested. Return on cash invested is 21.65% in year one, and rental yield stands at 8.73% on a $494,900 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,732 by year five. Five-year ROI measures 112.95% and total cumulative return in cash reaches $185,307. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $2,422/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.41 Acres lot
$N/A/sqft
No 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: Dorota Karska-Piech • Calcagni Real Estate
Mls Name: Smart MLS
Mls ID: #24119713