29 Water StreetGuilfordCT06437
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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 Guilford at 29 Water Street, Guilford, CT, 06437 with 5% annual appreciation on a $799,000 basis while $2,940/mo rent supports operations. 7% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 4.42%. Five-year ROI measures 43.48% and total cumulative return in cash totals $114,306. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,940/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2001
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
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Listed by: Jorge A. Zea • Blue Lighthouse Realty, Inc
Mls Name: Smart MLS
Mls ID: #24143369