43 Balance Rock Road APT 17SeymourCT06483
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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 Seymour at 43 Balance Rock Road APT 17, Seymour, CT, 06483 priced at $169,900 pairs $1,681/mo rent with $169/mo cash flow after a $832/mo payment. Total monthly income equals $1,681/mo, and annual cash flow comes to $2,030/yr on $56,322 invested. Return on cash invested is 23.51% in year one, and rental yield stands at 11.87% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 125.82% and total cumulative return in cash reaches $70,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,681/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
$357 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06483, Seymour, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 5,067 (70.6%) |
| Renter Occupied HU | 1,790 (25.0%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $397,734 |
| Average Home Value | $488,644 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,150
Multi-Family
837
Businesses
452
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Listed by: James Gerasi • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092711
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.