273 Old Salem RoadBOZRAHCT06334
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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 BOZRAH at 273 Old Salem Road, BOZRAH, CT, 06334 priced at $505,000 converts $3,163/mo rent into after a $2,472/mo obligation. Total monthly income equals $3,163/mo. Return on cash invested prints 18.12% in year one, and rental yield reads 7.52% against a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation compiles into $139,522 by year five. Five-year ROI reaches 94.03% and total cumulative return in cash sums $156,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,163/mo property income covering a $2,472/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06334, Bozrah, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,306 (100%) |
| Owner Occupied HU | 995 (76.2%) |
| Renter Occupied HU | 186 (14.2%) |
| Vacant Housing Units | 125 ( 9.6%) |
| Median Home Value | $333,463 |
| Average Home Value | $406,055 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
114
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Listed by: Zoe Zrakas • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093062
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.