3 Equestrian DriveGoshenCT06756
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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
Rental property for sale in Goshen at 3 Equestrian Drive, Goshen, CT, 06756 offers $5,776/mo rent that, after a $3,353/mo payment, leaves $1,122/mo cash flow. Total monthly income is $5,776/mo, and annual cash flow is $13,458/yr on $225,365 cash. Return on cash invested measures 26.03% in year one, and rental yield stands at 10.12% at a $685,000 entry. Equity gained on principal adds $4,420/yr while 5% annual appreciation compounds into $189,253 by year five. Five-year ROI records 136.44% and total cumulative return in cash reaches $307,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,776/mo property income versus a $3,353/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06756, Goshen, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,190 (69.1%) |
| Renter Occupied HU | 104 ( 6.0%) |
| Vacant Housing Units | 428 (24.9%) |
| Median Home Value | $528,488 |
| Average Home Value | $624,960 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,364
Multi-Family
0
Businesses
82
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Listed by: Sheryl Nemergut • Integrity Real Estate
Mls Name: Smart MLS
Mls ID: #24116542