310 South Bigelow RoadHamptonCT06247
Nearby investment properties with comparable rents
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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
Rental property for sale in Hampton at 310 South Bigelow Road, Hampton, CT, 06247 priced at $700,000 converts $4,930/mo rent into $174/mo cash flow after a $3,426/mo obligation. Total monthly income equals $4,930/mo, and annual cash flow totals $2,088/yr on $230,300 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 8.45% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 109.27% and total cumulative return in cash sums $251,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,930/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1738
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06247, Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,136 (100%) |
| Owner Occupied HU | 963 (84.8%) |
| Renter Occupied HU | 118 (10.4%) |
| Vacant Housing Units | 55 ( 4.8%) |
| Median Home Value | $420,142 |
| Average Home Value | $485,724 |
Housing Distribution
Address Breakdown
Residential
970
Single Family
970
Multi-Family
0
Businesses
31
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Listed by: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24152387