28 Union StreetTerryvilleCT06786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Terryville at 28 Union Street, Terryville, CT, 06786 priced at $304,000 pairs $2,680/mo rent with $614/mo cash flow after a $1,488/mo payment. Total monthly income equals $2,680/mo, and annual cash flow comes to $7,373/yr on $100,776 invested. Return on cash invested is 27.23% in year one, and rental yield stands at 10.58% on a $304,000 basis. Equity gained on principal adds $1,962/yr, and 5% annual appreciation accumulates to $83,990 by year five. Five-year ROI measures 142.89% and total cumulative return in cash reaches $143,996. For financing, Ziffy Mortgage’s DSCR program evaluates $2,680/mo property income against a $1,488/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1930
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06786, Terryville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,027 (100%) |
| Owner Occupied HU | 2,995 (74.4%) |
| Renter Occupied HU | 835 (20.7%) |
| Vacant Housing Units | 197 ( 4.9%) |
| Median Home Value | $271,494 |
| Average Home Value | $339,233 |
Housing Distribution
Address Breakdown
Residential
4,009
Single Family
3,939
Multi-Family
70
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Delong • Mary Helen Levine Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109326
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.