274 Sharon TurnpikeGoshenCT06756
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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 Goshen at 274 Sharon Turnpike, Goshen, CT, 06756 listed at $895,000 pairs $8,021/mo rent with a $4,381/mo payment to leave $1,940/mo cash flow. Total monthly income runs $8,021/mo, and annual cash flow reaches $23,274/yr on $294,455 cash to close. Return on cash invested measures 27.96% in year one, and rental yield registers 10.75% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 146.81% and total cumulative return in cash totals $432,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,021/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
4.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06756, Goshen, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,190 (69.1%) |
| Renter Occupied HU | 104 ( 6.0%) |
| Vacant Housing Units | 428 (24.9%) |
| Median Home Value | $528,488 |
| Average Home Value | $624,960 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,364
Multi-Family
0
Businesses
82
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Listed by: Jacek Mikolajczyk • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24110651
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.