290 Newtown TurnpikeWestonCT06883
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
Investment property for sale in Weston at 290 Newtown Turnpike, Weston, CT, 06883 at $575,000 posts ROI 18.08% with from $3,594/mo rent. Total monthly income equals $3,594/mo. Return on cash invested measures 18.08% and rental yield reads 7.5% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 93.8% and total cumulative return in cash totals $177,443. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06883, Weston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 3,200 (87.8%) |
| Renter Occupied HU | 228 ( 6.3%) |
| Vacant Housing Units | 215 ( 5.9%) |
| Median Home Value | $958,293 |
| Average Home Value | $1,122,577 |
Housing Distribution
Address Breakdown
Residential
3,592
Single Family
3,592
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Vinci • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24148503