4 Lorraine TerraceRockfallCT06481
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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
Total monthly income runs $2,529/mo, and a $1,928/mo payment. Purchase price stands at $394,000, and rental yield measures 7.7% with $2,529/mo rent. Return on cash invested shows 18.55% in year one, and 5% annual appreciation builds toward $108,855 over five years. Five-year ROI reaches 96.38% and total cumulative return in cash records $125,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,529/mo property income covering a $1,928/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06481, Rockfall, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 566 (100%) |
| Owner Occupied HU | 475 (83.9%) |
| Renter Occupied HU | 66 (11.7%) |
| Vacant Housing Units | 25 ( 4.4%) |
| Median Home Value | $453,309 |
| Average Home Value | $466,768 |
Housing Distribution
Address Breakdown
Residential
520
Single Family
520
Multi-Family
0
Businesses
41
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Listed by: Robert Link • Sterling REALTORS
Mls Name: Smart MLS
Mls ID: #24147630