47 Ferry RoadChesterCT06412
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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 Chester at 47 Ferry Road, Chester, CT, 06412 listed at $1,095,000 pairs $4,072/mo rent with a $5,359/mo payment. Total monthly income runs $4,072/mo. Return on cash invested measures 8.98% in year one, and rental yield registers 4.46% at a $1,095,000 basis. Equity gained on principal adds $7,066/yr, and annual property appreciation at 5% supports $302,528 by year five. Five-year ROI tracks 44.95% and total cumulative return in cash totals $159,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,072/mo property income relative to a $5,359/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06412, Chester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,805 (100%) |
| Owner Occupied HU | 1,274 (70.6%) |
| Renter Occupied HU | 387 (21.4%) |
| Vacant Housing Units | 144 ( 8.0%) |
| Median Home Value | $481,842 |
| Average Home Value | $524,662 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,586
Multi-Family
105
Businesses
188
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Listed by: Mary Poola • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24135466