301 South Main Street LOT 21ANewtownCT06470
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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 Newtown at 301 South Main Street LOT 21A, Newtown, CT, 06470 earns $85/mo cash flow from $866/mo rent with a $563/mo payment. Total monthly income totals $866/mo, and annual cash flow totals $1,014/yr on $38,123 capital. ROI tracks 22.57% on current figures, and rental yield reads 9.04% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 117.97% and total cumulative return in cash sums $44,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $866/mo property income instead of your personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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Listed by: Danielle Rownin • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24140655