483 Providence TurnpikeHamptonCT06247
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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 Hampton at 483 Providence Turnpike, Hampton, CT, 06247 at $349,000 posts ROI 19.14% with from $2,297/mo rent. Total monthly income equals $2,297/mo. Return on cash invested measures 19.14% and rental yield reads 7.9% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 99.51% and total cumulative return in cash totals $115,128. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,297/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06247, Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,136 (100%) |
| Owner Occupied HU | 963 (84.8%) |
| Renter Occupied HU | 118 (10.4%) |
| Vacant Housing Units | 55 ( 4.8%) |
| Median Home Value | $420,142 |
| Average Home Value | $485,724 |
Housing Distribution
Address Breakdown
Residential
970
Single Family
970
Multi-Family
0
Businesses
31
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Listed by: Noelle Merle • Hometown National Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104249
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.