49 Locust StreetTrumbullCT06611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Trumbull at 49 Locust Street, Trumbull, CT, 06611 uses $165,750 cash to close to unlock $6,696/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $3,955/mo, and a $2,447/mo payment keeps the spread at $558/mo. Purchase price stands at $500,000, and rental yield measures 9.49% with $3,955/mo rent. Return on cash invested shows 23.95% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 125.28% and total cumulative return in cash records $207,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,955/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruthann L. Krohn • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108073
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.