38 West Mountain LaneRoxburyCT06783
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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 Roxbury at 38 West Mountain Lane, Roxbury, CT, 06783 offers $4,273/mo rent that, after a $3,891/mo payment. Total monthly income is $4,273/mo. Return on cash invested measures 14.88% in year one, and rental yield stands at 6.45% at a $795,000 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,644 by year five. Five-year ROI records 76.66% and total cumulative return in cash reaches $200,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,273/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
4.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06783, Roxbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 857 (73.6%) |
| Renter Occupied HU | 123 (10.6%) |
| Vacant Housing Units | 185 (15.9%) |
| Median Home Value | $769,509 |
| Average Home Value | $997,923 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,013
Multi-Family
17
Businesses
60
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Nearby investment properties with comparable prices
Listed by: Maria Taylor • Klemm Real Estate Inc
Mls Name: Smart MLS
Mls ID: #24132367