40 East Hill RoadCantonCT06019
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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 Canton at 40 East Hill Road, Canton, CT, 06019 uses $157,131 cash to close to unlock $1,673/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,320/mo payment keeps the spread at $139/mo. Purchase price stands at $474,000, and rental yield measures 8.51% with $3,360/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $130,957 over five years. Five-year ROI reaches 109.36% and total cumulative return in cash records $171,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,320/mo payment rather than investor’s personal income.
Single Family
Built in 1840
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Kathleen A. Samul • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24139971