37 Lower Barrack RoadFalls VillageCT06031
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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
Rental property for sale in Falls Village at 37 Lower Barrack Road, Falls Village, CT, 06031 priced at $1,750,000 pairs $5,644/mo rent with after a $8,565/mo payment. Total monthly income equals $5,644/mo. Return on cash invested is 7.15% in year one, and rental yield stands at 3.87% on a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and 5% annual appreciation accumulates to $483,493 by year five. Five-year ROI measures 35.14% and total cumulative return in cash reaches $199,233. For financing, Ziffy Mortgage’s DSCR program evaluates $5,644/mo property income against a $8,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
98.87 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
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Listed by: Juliet Moore • Elyse Harney Real Estate
Mls Name: Smart MLS
Mls ID: #24112716