402 Whetstone Mills #402DayvilleCT06241
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 Dayville at 402 Whetstone Mills #402, Dayville, CT, 06241 earns $38/mo cash flow from $1,934/mo rent with a $1,366/mo payment. Total monthly income totals $1,934/mo, and annual cash flow totals $455/yr on $92,489 capital. ROI tracks 20.4% on current figures, and rental yield reads 8.32% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 106.27% and total cumulative return in cash sums $98,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,934/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06241, Dayville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 2,152 (68.7%) |
| Renter Occupied HU | 621 (19.8%) |
| Vacant Housing Units | 361 (11.5%) |
| Median Home Value | $381,858 |
| Average Home Value | $391,199 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Ann Mitchell • Johnston & Associates Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24098850