49 Nutmeg LaneSheltonCT06484
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
Rental property for sale in Shelton at 49 Nutmeg Lane, Shelton, CT, 06484 offers $2,870/mo rent that, after a $2,374/mo payment. Total monthly income is $2,870/mo. Return on cash invested measures 16.73% in year one, and rental yield stands at 7.1% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 86.6% and total cumulative return in cash reaches $139,238. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,870/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Storms • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24107233