3 River Edge 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
Investment property for sale in Sandy Hook at 3 River Edge Drive, Sandy Hook, CT, 06482 offers a 10.53% rental yield on a $716,500 purchase with $6,287/mo rent. Total monthly income registers $6,287/mo, and a $3,507/mo payment leaves $1,419/mo available for distribution. Annual cash flow reaches $17,024/yr on $235,729 to close, and return on cash invested stands at 27.28% in year one. Equity gained on principal adds $4,623/yr while 5% annual appreciation supports $197,956 over five years. Portfolio math shows five-year ROI at 143.15% and total cumulative return in cash at $337,440. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,287/mo property income against a $3,507/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1.47 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: David Landau • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093233
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.