371 Fitchville RoadBOZRAHCT06334
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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 BOZRAH at 371 Fitchville Road, BOZRAH, CT, 06334 offers $2,720/mo rent that, after a $1,786/mo payment, leaves $241/mo cash flow. Total monthly income is $2,720/mo, and annual cash flow is $2,886/yr on $120,998 cash. Return on cash invested measures 22.29% in year one, and rental yield stands at 8.94% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 116.44% and total cumulative return in cash reaches $140,887. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,720/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06334, Bozrah, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,306 (100%) |
| Owner Occupied HU | 995 (76.2%) |
| Renter Occupied HU | 186 (14.2%) |
| Vacant Housing Units | 125 ( 9.6%) |
| Median Home Value | $333,463 |
| Average Home Value | $406,055 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
114
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Listed by: Pinky B. Shabarekh • Platinum Realty Group LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111161
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.