369 Great Hill RdGuilfordCT06437
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 Guilford at 369 Great Hill Rd, Guilford, CT, 06437 priced at $587,500 converts $2,940/mo rent into after a $2,876/mo obligation. Total monthly income equals $2,940/mo. Return on cash invested prints 13.53% in year one, and rental yield reads 6.01% against a $587,500 entry. Equity gained on principal adds $3,791/yr, while 5% annual appreciation compiles into $162,315 by year five. Five-year ROI reaches 69.39% and total cumulative return in cash sums $134,123. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,940/mo property income covering a $2,876/mo payment, not borrower’s personal income.
Single Family
Built in 1954
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Mayhew • Pearce Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082790
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.