34 Leonard PlaceTrumbullCT06611
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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 Trumbull at 34 Leonard Place, Trumbull, CT, 06611 with 5% annual appreciation on a $510,000 basis while $4,080/mo rent supports operations. Total monthly income totals $4,080/mo and a $2,496/mo payment preserves $615/mo for cash returns. Annual cash flow comes to $7,380/yr on $167,790 deployed, and return on cash invested reaches 24.46% in year one. Equity gained on principal adds $3,291/yr, and five-year appreciation sums $140,904 alongside rental yield of 9.6%. Five-year ROI measures 128% and total cumulative return in cash totals $214,779.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,080/mo property income versus a $2,496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
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Listed by: Terry Sheehan • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24123834