506 Hope Valley RoadAmstonCT06231
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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
Total monthly income runs $3,564/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 6.58% with $3,564/mo rent. Return on cash invested shows 15.28% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 78.77% and total cumulative return in cash records $168,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,564/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2002
5.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06231, Amston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,660 (100%) |
| Owner Occupied HU | 1,377 (83.0%) |
| Renter Occupied HU | 169 (10.2%) |
| Vacant Housing Units | 114 ( 6.9%) |
| Median Home Value | $439,650 |
| Average Home Value | $492,246 |
Housing Distribution
Address Breakdown
Residential
1,542
Single Family
1,542
Multi-Family
0
Businesses
29
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Listed by: Corinne C. Machowski • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24147620