261 West StreetHebronCT06248
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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 Hebron at 261 West Street, Hebron, CT, 06248 priced at $699,900 converts $4,644/mo rent into after a $3,426/mo obligation. Total monthly income equals $4,644/mo. Return on cash invested prints 19.06% in year one, and rental yield reads 7.96% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 99.2% and total cumulative return in cash sums $228,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,644/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06248, Hebron, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,807 (88.2%) |
| Renter Occupied HU | 178 ( 8.7%) |
| Vacant Housing Units | 64 ( 3.1%) |
| Median Home Value | $385,453 |
| Average Home Value | $439,626 |
Housing Distribution
Address Breakdown
Residential
2,054
Single Family
2,031
Multi-Family
23
Businesses
184
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Listed by: Nektaria Hart • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107206
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.