38 Hickory RoadMarlboroughCT06447
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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 Marlborough at 38 Hickory Road, Marlborough, CT, 06447 earns $81/mo cash flow from $2,152/mo rent with a $1,492/mo payment. Total monthly income totals $2,152/mo, and annual cash flow totals $968/yr on $101,074 capital. ROI tracks 20.87% on current figures, and rental yield reads 8.47% at a $304,900 purchase. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 over five years. Five-year ROI reaches 108.77% and total cumulative return in cash sums $109,934. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,152/mo property income instead of your personal income.
Single Family
Built in 1957
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06447, Marlborough, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,401 (100%) |
| Owner Occupied HU | 2,152 (89.6%) |
| Renter Occupied HU | 169 ( 7.0%) |
| Vacant Housing Units | 80 ( 3.3%) |
| Median Home Value | $438,310 |
| Average Home Value | $478,795 |
Housing Distribution
Address Breakdown
Residential
2,385
Single Family
2,361
Multi-Family
24
Businesses
205
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Listed by: Lisa Sader • Aspen Realty Group
Mls Name: Smart MLS
Mls ID: #24145651