4 Orchard AvenueEllingtonCT06029
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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 Ellington at 4 Orchard Avenue, Ellington, CT, 06029 offers a 9.07% rental yield on a $389,900 purchase with $2,948/mo rent. Total monthly income registers $2,948/mo, and a $1,908/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,590/yr on $129,252 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 118.56% and total cumulative return in cash at $153,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,948/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06029, Ellington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,044 (100%) |
| Owner Occupied HU | 4,614 (65.5%) |
| Renter Occupied HU | 2,097 (29.8%) |
| Vacant Housing Units | 333 ( 4.7%) |
| Median Home Value | $390,193 |
| Average Home Value | $432,805 |
Housing Distribution
Address Breakdown
Residential
6,931
Single Family
6,839
Multi-Family
92
Businesses
306
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Listed by: Pam Moriarty • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24145553