331 RT 163MontvilleCT06353
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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 Montville at 331 RT 163, Montville, CT, 06353 generates $4,141/mo in rent and, after a $2,765/mo payment, leaves $303/mo in cash flow. Total monthly income is $4,141/mo, and annual cash flow is $3,632/yr on $185,852 invested. Return on cash invested sits at 22.01% in year one, and rental yield is 8.8% on a $564,900 entry. Equity gained on principal adds $3,645/yr, while 5% annual appreciation builds toward $156,071 over five years. Five-year ROI reaches 114.9% and total cumulative return in cash sums $213,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,141/mo property income rather than buyer’s personal income.
Multi Family
Built in 1945
3.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06353, Montville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 93 (100%) |
| Owner Occupied HU | 63 (67.7%) |
| Renter Occupied HU | 20 (21.5%) |
| Vacant Housing Units | 10 (10.8%) |
| Median Home Value | $265,625 |
| Average Home Value | $287,698 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
19
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Listed by: Zien A. Perry • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114954
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.