35 Old Redding RoadEastonCT06612
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestment property for sale in Easton at 35 Old Redding Road, Easton, CT, 06612 projects strong ROI of 17.24%. Rental yield 6.63%. With 5% annual appreciation, the property builds $567,759 in value over five years. Equity growth combined delivers a projected five-year ROI of 106.16%, translating into $616,284 in total cumulative return on $580,538 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.0% |
| Monthly Cash Flow | $(2,615) | $200 |
City averages based on Easton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,347 |
| Total Monthly Debt Service | $13,145 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
3.02 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
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
Single Family
Built in 1930
3.02 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rita Tanis • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090924
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.