475 Pine Tree DriveOrangeCT06477
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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 Orange at 475 Pine Tree Drive, Orange, CT, 06477 priced at $593,000 pairs $4,286/mo rent with $185/mo cash flow after a $2,902/mo payment. Total monthly income equals $4,286/mo, and annual cash flow comes to $2,222/yr on $195,097 invested. Return on cash invested is 21.2% in year one, and rental yield stands at 8.67% on a $593,000 basis. Equity gained on principal adds $3,827/yr, and 5% annual appreciation accumulates to $163,835 by year five. Five-year ROI measures 110.7% and total cumulative return in cash reaches $215,974. For financing, Ziffy Mortgage’s DSCR program evaluates $4,286/mo property income against a $2,902/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,541 (100%) |
| Owner Occupied HU | 4,693 (84.7%) |
| Renter Occupied HU | 668 (12.1%) |
| Vacant Housing Units | 180 ( 3.2%) |
| Median Home Value | $503,024 |
| Average Home Value | $549,410 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
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Listed by: Alison A. Perrelli • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107044
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.