310 South Kent RoadSouth KentCT06785
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 South Kent at 310 South Kent Road, South Kent, CT, 06785 generates $3,175/mo in rent, after a $2,643/mo payment. Total monthly income is $3,175/mo. Return on cash invested sits at 16.72% in year one, and rental yield is 7.06% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 86.51% and total cumulative return in cash sums $153,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06785, South Kent, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 276 (54.0%) |
| Renter Occupied HU | 62 (12.1%) |
| Vacant Housing Units | 173 (33.9%) |
| Median Home Value | $625,000 |
| Average Home Value | $907,292 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
312
Multi-Family
0
Businesses
10
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Listed by: Phil Fox • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093968
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.