3 Jo Mar DriveSandy HookCT06482
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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 Sandy Hook at 3 Jo Mar Drive, Sandy Hook, CT, 06482 priced at $550,000 pairs $3,392/mo rent with after a $2,692/mo payment. Total monthly income equals $3,392/mo. Return on cash invested is 17.77% in year one, and rental yield stands at 7.4% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 92.15% and total cumulative return in cash reaches $166,738. For financing, Ziffy Mortgage’s DSCR program evaluates $3,392/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06482, Sandy Hook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,264 (100%) |
| Owner Occupied HU | 3,728 (87.4%) |
| Renter Occupied HU | 353 ( 8.3%) |
| Vacant Housing Units | 183 ( 4.3%) |
| Median Home Value | $537,493 |
| Average Home Value | $565,190 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
173
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Listed by: Ben Keeney • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100139
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.