50 Hill Top RoadMorrisCT06763
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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 Morris at 50 Hill Top Road, Morris, CT, 06763 offers a 10.56% rental yield on a $390,000 purchase with $3,432/mo rent. Total monthly income registers $3,432/mo, and a $1,909/mo payment leaves $782/mo available for distribution. Annual cash flow reaches $9,384/yr on $129,285 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 142.54% and total cumulative return in cash at $184,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,432/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06763, Morris, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 662 (59.6%) |
| Renter Occupied HU | 149 (13.4%) |
| Vacant Housing Units | 300 (27.0%) |
| Median Home Value | $434,821 |
| Average Home Value | $552,644 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
813
Multi-Family
19
Businesses
89
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Listed by: Dave Jones • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095195
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.