340 Ann Rose DriveOrangeCT06477
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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 Orange at 340 Ann Rose Drive, Orange, CT, 06477 priced at $588,000 converts $4,222/mo rent into $227/mo cash flow after a $2,878/mo obligation. Total monthly income equals $4,222/mo, and annual cash flow totals $2,722/yr on $193,452 invested. Return on cash invested prints 21.47% in year one, and rental yield reads 8.62% against a $588,000 entry. Equity gained on principal adds $3,794/yr, while 5% annual appreciation compiles into $162,454 by year five. Five-year ROI reaches 111.97% and total cumulative return in cash sums $216,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,222/mo property income covering a $2,878/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,541 (100%) |
| Owner Occupied HU | 4,693 (84.7%) |
| Renter Occupied HU | 668 (12.1%) |
| Vacant Housing Units | 180 ( 3.2%) |
| Median Home Value | $503,024 |
| Average Home Value | $549,410 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
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Listed by: Douglas Ledewitz • Pulse Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096677
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.