5 Parker Terrace, Essex, CT, 06426 | 3.41% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Essex at 5 Parker Terrace, Essex, CT, 06426 with 5% annual appreciation on a $1,150,000 basis while $3,270/mo rent supports operations. 74% in year one. Equity gained on principal adds $7,421/yr, and five-year appreciation sums $317,724 alongside rental yield of 3.41%. Five-year ROI measures 27.55% and total cumulative return in cash totals $102,633. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,270/mo property income versus a $5,629/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1979

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 06426, Essex, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,762 (100%)
Owner Occupied HU	1,197 (67.9%)
Renter Occupied HU	366 (20.8%)
Vacant Housing Units	199 (11.3%)
Median Home Value	$745,253
Average Home Value	$939,871