33 Smith StEast HamptonCT06424
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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 East Hampton at 33 Smith St, East Hampton, CT, 06424 uses $142,512 cash to close to unlock $10,802/yr annual cash flow and $900/mo monthly cash flow. Total monthly income runs $3,821/mo, and a $2,104/mo payment keeps the spread at $900/mo. Purchase price stands at $429,900, and rental yield measures 10.67% with $3,821/mo rent. Return on cash invested shows 27.49% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 144.3% and total cumulative return in cash records $205,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,821/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
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Listed by: Kristy L. Vaiuso • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083363
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.