3 Miller AvenueQuaker HillCT06375
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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
Total monthly income runs $3,073/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 7.54% with $3,073/mo rent. Return on cash invested shows 18.06% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 93.74% and total cumulative return in cash records $151,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,073/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06375, Quaker Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,529 (100%) |
| Owner Occupied HU | 1,256 (82.1%) |
| Renter Occupied HU | 182 (11.9%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $350,348 |
| Average Home Value | $405,239 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
55
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Listed by: Cardinal Team At Berkshire Hathaway Home Services New England Properties • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105029
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