34 Santangelo Terrace #34DerbyCT06418
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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 Derby at 34 Santangelo Terrace #34, Derby, CT, 06418 at $217,000 posts ROI 26.56% with $399/mo cash flow from $2,123/mo rent. Total monthly income equals $2,123/mo, and annual cash flow records $4,784/yr on $71,936 to close. Return on cash invested measures 26.56% and rental yield reads 11.74% at the current $217,000. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 by year five. Five-year ROI prints 140.82% and total cumulative return in cash totals $101,297.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,123/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06418, Derby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,840 (100%) |
| Owner Occupied HU | 3,292 (56.4%) |
| Renter Occupied HU | 2,222 (38.0%) |
| Vacant Housing Units | 326 ( 5.6%) |
| Median Home Value | $294,454 |
| Average Home Value | $345,936 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,220
Multi-Family
259
Businesses
410
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Listed by: Tara Stirk • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096563
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.