3 Mountaincrest DriveCheshireCT06410
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
Rental property for sale in Cheshire at 3 Mountaincrest Drive, Cheshire, CT, 06410 priced at $1,275,000 pairs $6,847/mo rent with after a $6,240/mo payment. Total monthly income equals $6,847/mo. Return on cash invested is 15.1% in year one, and rental yield stands at 6.44% on a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and 5% annual appreciation accumulates to $352,259 by year five. Five-year ROI measures 77.75% and total cumulative return in cash reaches $321,182. For financing, Ziffy Mortgage’s DSCR program evaluates $6,847/mo property income against a $6,240/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah C. Hull • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101316
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.