340 Morehouse RoadEastonCT06612
Nearby investment properties with comparable rents
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 Easton at 340 Morehouse Road, Easton, CT, 06612 at $925,000 posts ROI 13.73% with from $4,680/mo rent. Total monthly income equals $4,680/mo. Return on cash invested measures 13.73% and rental yield reads 6.07% at the current $925,000. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 by year five. Five-year ROI prints 70.49% and total cumulative return in cash totals $214,525. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06612, Easton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,716 (100%) |
| Owner Occupied HU | 2,418 (89.0%) |
| Renter Occupied HU | 171 ( 6.3%) |
| Vacant Housing Units | 127 ( 4.7%) |
| Median Home Value | $753,796 |
| Average Home Value | $796,334 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
113
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Nearby investment properties with comparable prices
Listed by: Walter Montero • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24142919