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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Orange at 48 Andrew Lane, Orange, CT, 06477 offers $4,548/mo rent that, after a $3,157/mo payment, leaves $166/mo cash flow. Total monthly income is $4,548/mo, and annual cash flow is $1,986/yr on $212,205 cash. Return on cash invested measures 21% in year one, and rental yield stands at 8.46% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 109.44% and total cumulative return in cash reaches $232,240. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,548/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
| 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 |
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Sold | $645,000 |
| 2025-06-25 | Pending sale | $649,900 |
| 2025-05-19 | Price change | $649,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $6420.00 | 5.63% | $207,100 | 10.10% |
| 2023-10-16 | $6078.00 | -1.22% | $188,100 | N/A |
| 2022-10-16 | $6153.00 | -1.61% | $188,100 | N/A |
What's Special
Access Via Hatch
Listed by: Michael Sirochman • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093736
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.
