5 Ash DriveNorthfordCT06472
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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 Northford at 5 Ash Drive, Northford, CT, 06472 with 5% annual appreciation on a $490,000 basis while $3,998/mo rent supports operations. Total monthly income totals $3,998/mo and a $2,398/mo payment preserves $669/mo for cash returns. Annual cash flow comes to $8,028/yr on $162,435 deployed, and return on cash invested reaches 24.85% in year one. Equity gained on principal adds $3,162/yr, and five-year appreciation sums $135,378 alongside rental yield of 9.79%. Five-year ROI measures 130.13% and total cumulative return in cash totals $211,380.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,998/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06472, Northford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 2,207 (87.8%) |
| Renter Occupied HU | 229 ( 9.1%) |
| Vacant Housing Units | 79 ( 3.1%) |
| Median Home Value | $420,156 |
| Average Home Value | $460,915 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,418
Multi-Family
0
Businesses
177
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Listed by: Kim Dawson • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105343
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.