455 Dowd Avenue #455CantonCT06019
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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 Canton at 455 Dowd Avenue #455, Canton, CT, 06019 offers a 11.28% rental yield on a $249,900 purchase with $2,350/mo rent. Total monthly income registers $2,350/mo, and a $1,223/mo payment leaves $652/mo available for distribution. Annual cash flow reaches $7,826/yr on $82,842 to close, and return on cash invested stands at 29.36% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 154.33% and total cumulative return in cash at $127,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,350/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Lisa A. Ogren • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24145427