376 Route 165PrestonCT06365
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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
Investment property for sale in Preston at 376 Route 165, Preston, CT, 06365 uses $161,109 cash to close to unlock $547/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $3,348/mo, and a $2,379/mo payment keeps the spread at $46/mo. Purchase price stands at $486,000, and rental yield measures 8.27% with $3,348/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $134,273 over five years. Five-year ROI reaches 105.46% and total cumulative return in cash records $169,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,348/mo property income covering a $2,379/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06365, Preston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,113 (100%) |
| Owner Occupied HU | 1,708 (80.8%) |
| Renter Occupied HU | 278 (13.2%) |
| Vacant Housing Units | 127 ( 6.0%) |
| Median Home Value | $380,395 |
| Average Home Value | $483,567 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
1,991
Multi-Family
40
Businesses
65
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Listed by: Carl J. Guild • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103723
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.