5 Race Track HollowMiddlefieldCT06455
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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
Rental property for sale in Middlefield at 5 Race Track Hollow, Middlefield, CT, 06455 priced at $704,900 converts $6,124/mo rent into $1,335/mo cash flow after a $3,450/mo obligation. Total monthly income equals $6,124/mo, and annual cash flow totals $16,016/yr on $231,912 invested. Return on cash invested prints 26.97% in year one, and rental yield reads 10.43% against a $704,900 entry. Equity gained on principal adds $4,549/yr, while 5% annual appreciation compiles into $194,751 by year five. Five-year ROI reaches 141.45% and total cumulative return in cash sums $328,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,124/mo property income covering a $3,450/mo payment, not borrower’s personal income.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06455, Middlefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 1,104 (81.3%) |
| Renter Occupied HU | 173 (12.7%) |
| Vacant Housing Units | 81 ( 6.0%) |
| Median Home Value | $469,649 |
| Average Home Value | $485,915 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,195
Multi-Family
0
Businesses
139
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Listed by: Paulus Chan • eXp Realty
Mls Name: Smart MLS
Mls ID: #24138473