4 Van Dyke LaneClintonCT06413
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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 Clinton at 4 Van Dyke Lane, Clinton, CT, 06413 priced at $474,900 converts $3,679/mo rent into $453/mo cash flow after a $2,324/mo obligation. Total monthly income equals $3,679/mo, and annual cash flow totals $5,432/yr on $157,429 invested. Return on cash invested prints 23.36% in year one, and rental yield reads 9.3% against a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation compiles into $131,206 by year five. Five-year ROI reaches 122.14% and total cumulative return in cash sums $192,287. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,679/mo property income covering a $2,324/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Alyssa Maikowski • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24138361