323 Goose Lane #323OrangeCT06477
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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
Investment property for sale in Orange at 323 Goose Lane #323, Orange, CT, 06477 listed at $848,500 pairs $3,120/mo rent with a $4,153/mo payment. Total monthly income runs $3,120/mo. Return on cash invested measures 8.69% in year one, and rental yield registers 4.41% at a $848,500 basis. Equity gained on principal adds $5,475/yr, and annual property appreciation at 5% supports $234,425 by year five. Five-year ROI tracks 43.44% and total cumulative return in cash totals $121,255. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $4,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,541 (100%) |
| Owner Occupied HU | 4,693 (84.7%) |
| Renter Occupied HU | 668 (12.1%) |
| Vacant Housing Units | 180 ( 3.2%) |
| Median Home Value | $503,024 |
| Average Home Value | $549,410 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
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Listed by: Allen Grealish • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24146329