30 Cherry Ridge RoadMiddlefieldCT06455
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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 Middlefield at 30 Cherry Ridge Road, Middlefield, CT, 06455 offers a 3.11% rental yield on a $925,000 purchase with $2,394/mo rent. 72% in year one. Equity gained on principal adds $5,969/yr while 5% annual appreciation supports $255,560 over five years. Portfolio math shows five-year ROI at 22.16% and total cumulative return in cash at $67,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $4,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06455, Middlefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 1,104 (81.3%) |
| Renter Occupied HU | 173 (12.7%) |
| Vacant Housing Units | 81 ( 6.0%) |
| Median Home Value | $469,649 |
| Average Home Value | $485,915 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,195
Multi-Family
0
Businesses
139
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Listed by: Matthew Guida • Eagle Eye Realty PLLC
Mls Name: Smart MLS
Mls ID: #24144604