42 Pond Ridge RdGoshenCT06756
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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 Goshen at 42 Pond Ridge Rd, Goshen, CT, 06756 generates $5,776/mo in rent, after a $7,709/mo payment. Total monthly income is $5,776/mo. Return on cash invested sits at 8.7% in year one, and rental yield is 4.4% on a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 43.49% and total cumulative return in cash sums $221,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,776/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
10 Acres lot
$N/A/sqft
$430 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06756, Goshen, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,190 (69.1%) |
| Renter Occupied HU | 104 ( 6.0%) |
| Vacant Housing Units | 428 (24.9%) |
| Median Home Value | $528,488 |
| Average Home Value | $624,960 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,364
Multi-Family
0
Businesses
82
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Listed by: THE KIMRON TEAM AT WILLIAM PITT SOTHEBY'S INTERNATIONAL REALTY • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086439
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.