44 Olde Orchard RoadClintonCT06413
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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 Clinton at 44 Olde Orchard Road, Clinton, CT, 06413 generates $3,170/mo in rent, after a $2,589/mo payment. Total monthly income is $3,170/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 7.19% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 88.74% and total cumulative return in cash sums $154,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Angela M. Ferguson • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24123159
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.