35 Hammock PkwyClintonCT06413
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
Rental property for sale in Clinton at 35 Hammock Pkwy, Clinton, CT, 06413 offers $4,236/mo rent that, after a $2,932/mo payment, leaves $153/mo cash flow. Total monthly income is $4,236/mo, and annual cash flow is $1,841/yr on $197,071 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 8.49% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 109.47% and total cumulative return in cash reaches $215,734. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,236/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Ronghi • Napoli Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084494
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.