29 Walnut AvenueEast HamptonCT06424
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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 East Hampton at 29 Walnut Avenue, East Hampton, CT, 06424 with 5% annual appreciation on a $394,000 basis while $3,840/mo rent supports operations. Total monthly income totals $3,840/mo and a $1,928/mo payment preserves $1,163/mo for cash returns. Annual cash flow comes to $13,961/yr on $130,611 deployed, and return on cash invested reaches 30.6% in year one. Equity gained on principal adds $2,542/yr, and five-year appreciation sums $108,855 alongside rental yield of 11.7%. Five-year ROI measures 160.96% and total cumulative return in cash totals $210,232.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $1,928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1914
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
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Listed by: Sarah Murphy • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24122134
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.