41 Prospect St NFalls VillageCT06031
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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 Falls Village at 41 Prospect St N, Falls Village, CT, 06031 generates $3,401/mo in rent and, after a $1,200/mo payment, leaves $1,735/mo in cash flow. Total monthly income is $3,401/mo, and annual cash flow is $20,821/yr on $81,284 invested. Return on cash invested sits at 45.52% in year one, and rental yield is 16.64% on a $245,200 entry. Equity gained on principal adds $1,582/yr, while 5% annual appreciation builds toward $67,744 over five years. Five-year ROI reaches 241.06% and total cumulative return in cash sums $195,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,401/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06031, Falls Village, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 504 (59.9%) |
| Renter Occupied HU | 128 (15.2%) |
| Vacant Housing Units | 209 (24.9%) |
| Median Home Value | $620,000 |
| Average Home Value | $805,565 |
Housing Distribution
Address Breakdown
Residential
519
Single Family
519
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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