43 River DrMonroeCT06468
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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
Investment property for sale in Monroe at 43 River Dr, Monroe, CT, 06468 with 5% annual appreciation on a $668,400 basis while $4,800/mo rent supports operations. Total monthly income totals $4,800/mo and a $3,271/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,108/yr on $219,904 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $4,313/yr, and five-year appreciation sums $184,667 alongside rental yield of 8.62%. Five-year ROI measures 112.02% and total cumulative return in cash totals $246,331.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $3,271/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06468, Monroe, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 6,235 (90.3%) |
| Renter Occupied HU | 498 ( 7.2%) |
| Vacant Housing Units | 173 ( 2.5%) |
| Median Home Value | $522,292 |
| Average Home Value | $573,501 |
Housing Distribution
Address Breakdown
Residential
6,919
Single Family
6,889
Multi-Family
30
Businesses
808
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices New England Properties
Mls Provider:
Mls ID: #24112125