31 Hickory LaneRoxburyCT06783
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 Roxbury at 31 Hickory Lane, Roxbury, CT, 06783 generates $5,669/mo in rent, after a $8,786/mo payment. Total monthly income is $5,669/mo. Return on cash invested sits at 6.9% in year one, and rental yield is 3.79% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 33.8% and total cumulative return in cash sums $196,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,669/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
8.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06783, Roxbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 857 (73.6%) |
| Renter Occupied HU | 123 (10.6%) |
| Vacant Housing Units | 185 (15.9%) |
| Median Home Value | $769,509 |
| Average Home Value | $997,923 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,013
Multi-Family
17
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Philippa F. Malkin • W. Raveis Lifestyles Realty
Mls Name: Smart MLS
Mls ID: #24133274