35 Chetelat DriveAshfordCT06278
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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 Ashford at 35 Chetelat Drive, Ashford, CT, 06278 offers a 11.35% rental yield on a $289,900 purchase with $2,741/mo rent. Total monthly income registers $2,741/mo, and a $1,419/mo payment leaves $736/mo available for distribution. Annual cash flow reaches $8,834/yr on $96,102 to close, and return on cash invested stands at 29.1% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 153.12% and total cumulative return in cash at $147,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,741/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.38 Acres lot
$N/A/sqft
$105 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06278, Ashford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,392 (70.7%) |
| Renter Occupied HU | 395 (20.1%) |
| Vacant Housing Units | 183 ( 9.3%) |
| Median Home Value | $359,202 |
| Average Home Value | $391,809 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,736
Multi-Family
108
Businesses
93
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Listed by: Skyla Gagnon • RE/MAX Bell Park Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099954
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.