30 Abbey LnSheltonCT06484
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 Shelton at 30 Abbey Ln, Shelton, CT, 06484 priced at $595,000 converts $4,487/mo rent into $445/mo cash flow after a $2,912/mo obligation. Total monthly income equals $4,487/mo, and annual cash flow totals $5,334/yr on $195,755 invested. Return on cash invested prints 22.79% in year one, and rental yield reads 9.05% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 119.04% and total cumulative return in cash sums $233,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,487/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennie Robbokos • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078712
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.