28 Drewbarrie LaneEastonCT06612
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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 Easton at 28 Drewbarrie Lane, Easton, CT, 06612 with 5% annual appreciation on a $1,155,000 basis while $9,995/mo rent supports operations. Total monthly income totals $9,995/mo and a $5,653/mo payment preserves $2,148/mo for cash returns. Annual cash flow comes to $25,770/yr on $374,220 deployed, and return on cash invested reaches 27.26% in year one. Equity gained on principal adds $7,453/yr, and five-year appreciation sums $319,105 alongside rental yield of 10.38%. Five-year ROI measures 142.96% and total cumulative return in cash totals $534,979.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,995/mo property income versus a $5,653/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
3.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06612, Easton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,716 (100%) |
| Owner Occupied HU | 2,418 (89.0%) |
| Renter Occupied HU | 171 ( 6.3%) |
| Vacant Housing Units | 127 ( 4.7%) |
| Median Home Value | $753,796 |
| Average Home Value | $796,334 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
113
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Listed by: Kelly Higgins • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092999
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.