44 Route 6ColumbiaCT06237
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 Columbia at 44 Route 6, Columbia, CT, 06237 at $230,000 posts ROI 20.38% with $30/mo cash flow from $1,593/mo rent. Total monthly income equals $1,593/mo, and annual cash flow records $360/yr on $76,245 to close. Return on cash invested measures 20.38% and rental yield reads 8.31% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 106.15% and total cumulative return in cash totals $80,935.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,593/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
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Nearby investment properties with comparable prices
Listed by: Jackie Tacy • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24132739