471 Goshen RoadLitchfieldCT06759
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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 Litchfield at 471 Goshen Road, Litchfield, CT, 06759 generates $5,792/mo in rent and, after a $2,496/mo payment, leaves $2,327/mo in cash flow. Total monthly income is $5,792/mo, and annual cash flow is $27,924/yr on $167,790 invested. Return on cash invested sits at 36.7% in year one, and rental yield is 13.63% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 193.66% and total cumulative return in cash sums $324,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06759, Litchfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,009 (68.4%) |
| Renter Occupied HU | 518 (17.6%) |
| Vacant Housing Units | 409 (13.9%) |
| Median Home Value | $518,458 |
| Average Home Value | $671,884 |
Housing Distribution
Address Breakdown
Residential
2,238
Single Family
2,164
Multi-Family
74
Businesses
455
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Listed by: Ileana Santore • Marrin Santore Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099328
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.