32 Baldwin Brook RdCanterburyCT06331
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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 Canterbury at 32 Baldwin Brook Rd, Canterbury, CT, 06331 priced at $300,000 converts $3,720/mo rent into $1,682/mo cash flow after a $1,468/mo obligation. Total monthly income equals $3,720/mo, and annual cash flow totals $20,184/yr on $99,450 invested. Return on cash invested prints 40.2% in year one, and rental yield reads 14.88% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 212.45% and total cumulative return in cash sums $211,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,720/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1980
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06331, Canterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,751 (84.8%) |
| Renter Occupied HU | 222 (10.7%) |
| Vacant Housing Units | 93 ( 4.5%) |
| Median Home Value | $363,413 |
| Average Home Value | $423,514 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,915
Multi-Family
76
Businesses
92
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Listed by: Michael G. Ferris • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24052740
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.