26 Longate RoadClintonCT06413
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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 Clinton at 26 Longate Road, Clinton, CT, 06413 earns $6,413/mo cash flow from $9,300/mo rent with a $2,080/mo payment. Total monthly income totals $9,300/mo, and annual cash flow totals $76,950/yr on $140,888 capital. ROI tracks 74.53% on current figures, and rental yield reads 26.26% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 396.53% and total cumulative return in cash sums $558,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $9,300/mo property income instead of your personal income.
Single Family
Built in 1976
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Gigi Giordano • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24126390