304 Jessica Lane #304DayvilleCT06241
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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 Dayville at 304 Jessica Lane #304, Dayville, CT, 06241 offers a 12.01% rental yield on a $279,900 purchase with $2,802/mo rent. Total monthly income registers $2,802/mo, and a $1,370/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $9,002/yr on $92,787 to close, and return on cash invested stands at 29.61% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 156.41% and total cumulative return in cash at $145,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,802/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06241, Dayville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 2,152 (68.7%) |
| Renter Occupied HU | 621 (19.8%) |
| Vacant Housing Units | 361 (11.5%) |
| Median Home Value | $381,858 |
| Average Home Value | $391,199 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
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Listed by: Monique M. Maldonado • CR Premier Properties
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092423
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.