34 Old Northfield RdNorthfieldCT06778
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Nearby investment properties with comparable prices
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 Northfield at 34 Old Northfield Rd, Northfield, CT, 06778 with 5% annual appreciation on a $590,000 basis while $4,810/mo rent supports operations. Total monthly income totals $4,810/mo and a $2,888/mo payment preserves $801/mo for cash returns. Annual cash flow comes to $9,612/yr on $194,110 deployed, and return on cash invested reaches 25.01% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $163,006 alongside rental yield of 9.78%. Five-year ROI measures 130.97% and total cumulative return in cash totals $254,224.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,810/mo property income versus a $2,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1792
9.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06778, Northfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 419 (85.2%) |
| Renter Occupied HU | 52 (10.6%) |
| Vacant Housing Units | 21 ( 4.3%) |
| Median Home Value | $364,094 |
| Average Home Value | $507,285 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
6
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Listed by: Wendy Westcott • William Raveis Real Estate
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls ID: #24130107