44 Shorelands DrMadisonCT06443
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 Madison at 44 Shorelands Dr, Madison, CT, 06443 earns from $3,360/mo rent with a $5,624/mo payment. Total monthly income totals $3,360/mo. ROI tracks 5.94% on current figures, and rental yield reads 3.51% at a $1,149,000 purchase. Equity gained on principal adds $7,414/yr, and 5% annual appreciation supports $317,448 over five years. Five-year ROI reaches 28.69% and total cumulative return in cash sums $106,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Single Family
Built in 1954
0.60 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Lynch & Team • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24049713
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.