30 Valley RdNorth GrosvenordaleCT06255
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 North Grosvenordale at 30 Valley Rd, North Grosvenordale, CT, 06255 priced at $340,000 converts $2,677/mo rent into $367/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,677/mo, and annual cash flow totals $4,404/yr on $112,710 invested. Return on cash invested prints 23.82% in year one, and rental yield reads 9.45% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 124.58% and total cumulative return in cash sums $140,418. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,677/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06255, North Grosvenordale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,584 (71.4%) |
| Renter Occupied HU | 510 (23.0%) |
| Vacant Housing Units | 126 ( 5.7%) |
| Median Home Value | $371,078 |
| Average Home Value | $471,676 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,462
Multi-Family
28
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VIvian Kozey • CR Premier Properties
Mls Name: MLS PIN
Mls ID: #73457123