408 Reservoir RdSouthburyCT06488
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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 Southbury at 408 Reservoir Rd, Southbury, CT, 06488 generates $5,230/mo in rent and, after a $2,417/mo payment, leaves $1,875/mo in cash flow. Total monthly income is $5,230/mo, and annual cash flow is $22,495/yr on $163,728 invested. Return on cash invested sits at 33.65% in year one, and rental yield is 12.71% on a $493,900 entry. Equity gained on principal adds $3,187/yr, while 5% annual appreciation builds toward $136,455 over five years. Five-year ROI reaches 177.32% and total cumulative return in cash sums $290,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
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