3 Sandgate Circle #3MadisonCT06443
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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 Madison at 3 Sandgate Circle #3, Madison, CT, 06443 listed at $545,000 pairs $2,952/mo rent with a $2,668/mo payment. Total monthly income runs $2,952/mo. Return on cash invested measures 15.03% in year one, and rental yield registers 6.5% at a $545,000 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 77.45% and total cumulative return in cash totals $138,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,952/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
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Listed by: Doris Fallon • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24139904