30 Trumbull StreetBantamCT06750
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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
Rental property for sale in Bantam at 30 Trumbull Street, Bantam, CT, 06750 priced at $312,000 converts $2,111/mo rent into after a $1,527/mo obligation. Total monthly income equals $2,111/mo. Return on cash invested prints 19.81% in year one, and rental yield reads 8.12% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 103.12% and total cumulative return in cash sums $106,655. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06750, Bantam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 498 (61.8%) |
| Renter Occupied HU | 211 (26.2%) |
| Vacant Housing Units | 97 (12.0%) |
| Median Home Value | $378,761 |
| Average Home Value | $545,522 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
482
Multi-Family
93
Businesses
99
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Listed by: Ileana Santore • Marrin Santore Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24121836
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.