41 Secret Lake RoadCantonCT06019
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
Total monthly income runs $2,809/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 6.42% with $2,809/mo rent. Return on cash invested shows 14.79% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 76.16% and total cumulative return in cash records $131,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,809/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.88 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Chavez • Turning Point Realty, LLC
Mls Name: Smart MLS
Mls ID: #24096793