40 Rice LaneBeacon FallsCT06403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beacon Falls at 40 Rice Lane, Beacon Falls, CT, 06403 offers a 9.47% rental yield on a $599,900 purchase with $4,734/mo rent. Total monthly income registers $4,734/mo, and a $2,936/mo payment leaves $658/mo available for distribution. Annual cash flow reaches $7,898/yr on $197,367 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 125.9% and total cumulative return in cash at $248,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,734/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06403, Beacon Falls, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,749 (100%) |
| Owner Occupied HU | 2,175 (79.1%) |
| Renter Occupied HU | 443 (16.1%) |
| Vacant Housing Units | 131 ( 4.8%) |
| Median Home Value | $396,368 |
| Average Home Value | $416,990 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,443
Multi-Family
203
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Kropo • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24150241