480 Budding Ridge RoadCheshireCT06410
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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 Cheshire at 480 Budding Ridge Road, Cheshire, CT, 06410 at $479,000 posts ROI 18.59% with from $3,080/mo rent. Total monthly income equals $3,080/mo. Return on cash invested measures 18.59% and rental yield reads 7.72% at the current $479,000. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 by year five. Five-year ROI prints 96.57% and total cumulative return in cash totals $153,339. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
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Listed by: Brette Stern • Calcagni Real Estate
Mls Name: Smart MLS
Mls ID: #24103958