354 Route 7 NorthFalls VillageCT06031
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 Falls Village at 354 Route 7 North, Falls Village, CT, 06031 listed at $1,350,000 pairs $4,815/mo rent with a $6,608/mo payment. Total monthly income runs $4,815/mo. Return on cash invested measures 8.41% in year one, and rental yield registers 4.28% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 41.91% and total cumulative return in cash totals $183,305. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,815/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1790
6.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06031, Falls Village, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 504 (59.9%) |
| Renter Occupied HU | 128 (15.2%) |
| Vacant Housing Units | 209 (24.9%) |
| Median Home Value | $620,000 |
| Average Home Value | $805,565 |
Housing Distribution
Address Breakdown
Residential
519
Single Family
519
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Stettner • Neil Charles Real Estate
Mls Name: Smart MLS
Mls ID: #24100253