31 Joseph LaneColchesterCT06415
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
Investment property for sale in Colchester at 31 Joseph Lane, Colchester, CT, 06415 at $799,900 posts ROI 6.49% with from $2,458/mo rent. Total monthly income equals $2,458/mo. Return on cash invested measures 6.49% and rental yield reads 3.69% at the current $799,900. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 by year five. Five-year ROI prints 31.64% and total cumulative return in cash totals $83,268. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
4.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krystal Delorge • Countryside Realty
Mls Name: Smart MLS
Mls ID: #24124455