43 Old Young StreetEast HamptonCT06424
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
Investment property for sale in East Hampton at 43 Old Young Street, East Hampton, CT, 06424 at $481,000 posts ROI 30.02% with $1,344/mo cash flow from $4,612/mo rent. Total monthly income equals $4,612/mo, and annual cash flow records $16,129/yr on $159,452 to close. Return on cash invested measures 30.02% and rental yield reads 11.51% at the current $481,000. Equity gained on principal adds $3,104/yr, and 5% annual appreciation supports $132,891 by year five. Five-year ROI prints 157.89% and total cumulative return in cash totals $251,755.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,612/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
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Listed by: Bud Bowes • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102511
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.