46 Dayton RdReddingCT06896
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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 Redding at 46 Dayton Rd, Redding, CT, 06896 priced at $1,685,000 converts $5,013/mo rent into after a $8,247/mo obligation. Total monthly income equals $5,013/mo. Return on cash invested prints 6.22% in year one, and rental yield reads 3.57% against a $1,685,000 entry. Equity gained on principal adds $10,873/yr, while 5% annual appreciation compiles into $465,534 by year five. Five-year ROI reaches 30.17% and total cumulative return in cash sums $164,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,013/mo property income covering a $8,247/mo payment, not borrower’s personal income.
Single Family
Built in 1780
5.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06896, Redding, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,939 (79.8%) |
| Renter Occupied HU | 460 (12.5%) |
| Vacant Housing Units | 286 ( 7.8%) |
| Median Home Value | $721,856 |
| Average Home Value | $818,016 |
Housing Distribution
Address Breakdown
Residential
3,476
Single Family
3,146
Multi-Family
330
Businesses
90
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Listed by: Michele Tesei • Houlihan Lawrence
Mls Name: Greenwich MLS, Inc.
Mls ID: #123251